So, just to see if I have this correct....
She fires Coach Les, and has to hire someone at a higher salary than her, and as a result has to give herself a raise to make more than the head basketball coach.
So, as a result of the decision to fire coach Les, she will need to make more money.
Sounds a little bit conspiratorial, but is in factually incorrect?
I saw an ESPN article from 2009 showing Saban's base salary at Alabama was only about $250,000 (+millions in other forms of compensation). Their *5 and Pres were closer to $500,000..
You would be surprised how much some universities pay their presidents. Some make over $1 million bucks a year, and are worth every penny if they bring in loads of donations. Even some small schools are up there with the highest paying presidents. It is like any CEO, they are worth whatever you have to pay them when they are successful at raising funds.
Does anyone remember John Brazil? He was Bradley's president from 1992-1998. He left to take the presidents job at tiny Trinity University in San Antonio Texas. He got a big raise with his move there, and when he retired in 2009, he made almost $3 million his last year!
Here is an article about Brazil, and other college presidents who make millions.
http://www.mysanantonio.com/news/ed...dent-of-Trinity-among-highest-paid-812889.php
All I know is that we better make a great higher or someones salary from BU may become a non-topic. I'd have to believe that the right higher should be looked as an investment because if they are looking for a bargain basement deal then we are in trouble.
If we look for a bargain I know I will be really upset. We need to be ready to pay someone significantly more than we paid Jim.
Joanne K. Glasser's total compensation is $583,595 as of 2008-9