Nonprofit Compensation Between 2015 and 2019: How Things Have Changed
Nov 10, 2021
Nonprofit Compensation Between 2015 and 2019: How Things Have Changed

According to a 2021 report by Candid (based on tax filings for over 100,000 nonprofits in 2019), salaries for chief executive officers (CEOs) and executive directors (EDs) in the charitable sector increased steadily between 2015 and 2019. When it comes to nonprofits, executive compensation isn’t just about attracting top talent; it’s also a compliance issue. […]

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Higher Education Pay Guidance under the Fair Labor Standards Act
Oct 20, 2021
Higher Education Pay Guidance under the Fair Labor Standards Act

Over the years, higher education organizations have had to restructure their compensation schemes multiple times to comply with changes in the Fair Labor Standards Act (FLSA). The U.S. Department of Labor (DOL) enforces this law, which determines federal minimum wage and overtime pay thresholds. Also, the FLSA classifies employees as either exempt or non-exempt from […]

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2020-21 Faculty Compensation Survey Results
Oct 06, 2021
AAUP | 2020-21 Faculty Compensation Survey Results: An Overview

In the U.S., the COVID-19 recession has hit institutions of higher education particularly hard. For instance, the pandemic has caused the average salaries for full-time faculty members to decrease for the first time since the 2008 Great Recession. Besides salary cuts, many colleges across the country have cut programs and furloughed some of their employees […]

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Practical Tips for Updating Job Descriptions
Sep 23, 2021
Practical Tips for Updating Job Descriptions

During the height of the COVID-19 pandemic, many businesses across the U.S., both large and small, laid off or furloughed workers, leading to a dramatic spike in unemployment across the country. For instance, in March 2020 alone, non-farm payrolls fell by 701,000. While some employers laid employees off for safety concerns, others did so due […]

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How Faculty Compensation Can Impact Success in Higher Education
Sep 09, 2021
How Faculty Compensation Can Impact Success in Higher Education

Various stakeholders, including students, parents, the public, and the government, persistently demand higher education quality and accountability. To meet these expectations, most universities and colleges use management tools such as mission statements and strategic planning. However, faculty compensation can also help these institutions achieve their mission and satisfy their high expectations. Here’s a look at […]

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Why Colleges and Universities Are Increasing Their Minimum Wages
Aug 18, 2021
Why Colleges and Universities Are Increasing Their Minimum Wages

For years, the average minimum wage in the U.S. has been $7.25 per hour. Although some institutions pay slightly higher, only a few of them have surpassed the $15-per-hour mark. Even worse, the COVID-19 recession not only resulted in massive job losses in the U.S. but also a cut in wages for those lucky enough […]

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Compensation Can Impact the Quality of Higher Education
Aug 11, 2021
How Faculty Compensation Can Impact the Quality of Higher Education

A recent National Education Association (NEA) report revealed that faculty compensation in higher education has increased over the past 10 years. While the salary for a full-time professor averaged $90,000 in 2020, there are still significant discrepancies in pay across faculty ranks, with unfair or inadequate compensation impacting the quality of higher education. Here’s a […]

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University CEOs Earned More than Their Public Sector
Jun 24, 2021
How Private University CEOs Earned More than Their Public Sector Counterparts in 2018

In 2018, the CEOs of 62 private universities over $1 million in total compensation, including bonuses and deferred payments. The Chronicle of Higher Education revealed this in its latest update on executive compensation at public and private universities. The Top Earning CEO 2018 (C.L. Max Nikias) C.L. Max Nikias was the highest-paid university leader in […]

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COVID-19 Has Affected Faculty Salaries
Jun 23, 2021
How COVID-19 Has Affected Faculty Salaries in 2021

A recent survey by the American Association of University Professors (AAUP)  found that the average faculty pay in the U.S. decreased by 0.4% in 2021. However, faculty pay in some institutions increased this year because some of the lowest-paid professors were laid off due to the pandemic. It is worth noting that salaries don’t reflect […]

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Right Amount of Executive Compensation
Jun 15, 2021
How to Determine the Right Amount of Executive Compensation

Also referred to as executive pay, executive compensation comprises the remuneration packages and benefits such as salaries, insurance coverage, and retirement benefits given to executive-level employees. In 2019, the average executive pay in the U.S. was $21.3 million, according to the Economic Policy Institute (EPI). While the figure varies from one company to another, a […]

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