Public colleges should not assume that a generous salary will buy them a president who is adept at raising money, a new study concludes. After accounting for factors like institution size, the researchers, all at Florida State University, found no link between how much public colleges pay their presidents and how much money the institutions take in from private donors and state appropriations. "As presidential salaries have continued to increase, there is little to no discernible relationship between these increased salaries and revenue generation," says a paper summarizing the study’s findings. It adds that, although many institutional leaders and boards suggest "you get what you pay for" when it comes to presidential compensation, "the argument that high presidential salaries drive private giving and state funding appears dubious."

November 7, 2015 ・ From Chronicle of Higher Education