Regents increase presidential pay
Madison Dennis | Editor-in-chief
A 1.8 percent cost-of-living salary increase and a 14.7 percent market adjustment will add $35,178 to university President Steve Scott’s yearly salary. The Kansas Board of Re Make Up Text Ex After Break Up gents granted all Regents school presidents a 1.8 percent cost of living increase, the first raise the Regents presidents have gotten in three years after the state tightened the budget during the recession.
The Board began discussing the possibility of salary increases in late September, when members held closed-door sessions during special meetings to determine whether the Kansas Regents presidents had competitive salaries compared to other states.
Public funds are not allocated to support the pay increase, and the difference will come from a mix of private funding and student tuition fees. Scott said that student tuition will not be used to pay for his raise at Pitt State.
The board’s search for an Emporia State University president was the beginning of the salary increase conversation, according to meeting minutes on the Board of Regent’s website.
Beginning in January 2012, all Regents school presidents will receive a 1.8 percent cost-of-living increase. Some presidents will receive “market adjustment” raises of differing amounts. The market adjustment raises do not reflect job performance, according to the board.
Wichita State University’s president Beggs will receive the 1.8 percent cost- of-living increase and no market adjustment, bringing his salary from $277,160 to $282,150. The University of Kansas’ President Grey-Little will receive the cost- of-living increase and no market adjustment, raising her total salary from $425,000 to $432,650. Kansas State University President Schulz will receive a 12.5 percent market adjustment along with the cost of living increase, increasing his salary from $350,000 to $400,050. Fort Hays State University’s president received a 12.2 percent market adjustment in addition to the cost-of-living increase, bringing his salary total to $255,200 from $222,860.