Executive compensation at public colleges rises by 5%, with Texas leading the way, The Chronicle of Higher Education
In an article published June 27, 2017 in the Chronicle of Higher Education, Washington, DC partner Raymond D. Cotton notes that the rising pay for public college leaders in Texas has national consequences. The upward pressure from public higher education in Texas forces institutions elsewhere to offer larger pay packages to stay competitive in hiring top talent, said Mr. Cotton, whose practice focuses on higher education and compensation issues. A college’s pool of potential presidential candidates can be severely limited if it is not able to recruit in large states like Texas or Florida. And a talented prospective leader may not even entertain an offer if the pay is not in keeping with market forces. Subscribers to the Chronicle may click here to read the full article.