Well-crafted presidential compensation and benefit contracts provide a clear and solid basis for healthy working relationships and effective performance. A presidential contract should be a comprehensive agreement that establishes all requirements and expectations between an institution, its governing board, and its …

Foremost among the responsibilities of a college or university governing board is the recruitment, evaluation, and support of the institution’s president. This includes, fundamentally, providing for reasonable compensation of the president—a task that is now more challenging than ever, because …

Do you know the total amount and elements of the compensation package provided to your college’s or university’s president? Do you know the rationale for the decision to provide the particular compensation and benefits chosen? Was the final compensation package …

In order to recruit and retain effective leaders who are able to advance rigorous strategic goals and other institutional priorities, boards are considering various forms of compensation. A recent AGB Quick Governance Survey (QGS) sought to understand the national trends …

Are colleges and universities following best governance practices concerning the compensation of the president and other institutional leaders? For the most part, yes, according to the Internal Revenue Service (IRS), which released a long-awaited final report on its Colleges and …

Few higher education governance topics generate more interest than the compensation of a college or university president. A poorly governed compensation process can result in front-page news, aggrieved faculty and students, and an inquiry from the state attorney general. Attorney …

Hiring and retaining a president are among the core fiduciary responsibilities of governing boards. This puts them on the front lines for ensuring that the compensation and benefits paid by a college or university to its leaders (and coaches) are …

In October 2008, the Internal Revenue Service chose 400 public and private colleges and universities to participate in a “compliance project” that examined, among other areas, their respective executive compensation packages. Responses were made by 387 institutions, with the 13 …