Harvard President Neil L. Rudenstine's salary remained significantly below the national median last year, according to the Chronicle of Higher Education's annual survey of university presidents' salaries.
The salaries of university presidents across the country generally grew--some by as much as 20 percent, the survey also showed.
Rudenstine's compensation, which includes salary as well as benefits, totaled $342,599 in the past fiscal year. The 1998-99 median salary for university presidents was $393,288.
While Rudenstine was among the 74 college presidents earning over $300,000, his salary is still nearly $50,000 below the median salary for university presidents.
Harry C. Payne, former president of Williams College, topped the charts as the highest paid president in 1998-99, receiving $878,222.
But Payne's compensation was not representative of the presidential salary at Williams College, according to James G. Kolesar, Williams spokesperson.
Payne was well compensated in part because the '98-'99 fiscal year was his last at the university, Kolesar said. The $878,22 also includes payments to be made over several years.
Judith Rodin of the University of Pennsylvania and L. Jay Oliva of New York University were the second and the third highest paid university presidents in 1998-99.
Rudenstine's Salary Below College MedianNeil L. Rudenstine earned about $290,000 as president of Harvard during the '97-'98 academic year, a figure nearly $100,000 less
Harvard Paid President Less Than Most IviesThe number of presidents of private universities earning more than $500,000 in pay and benefits more than doubled between the
Administrators' Salaries Top 200KTop Harvard administrators continued to received salaries approaching $300,000 for the year ending in June 1993, according to documents filed
College Heads’ Salaries On RiseUniversity presidents’ salaries continue to rise nationwide but leaders of the most prestigious private institutions aren’t necessarily at the front
Presidents’ Salaries SurgeUniversity President Lawrence H. Summers found himself in the basement of the Ivy League’s presidential pay scale in fiscal year
Harvard Presidential Pay Near Bottom of IviesFormer University President Lawrence H. Summers was the second-lowest-paid Ivy League president during the 2005-2006 academic year, according to a