by Kevin | Sep 23, 2021 | Job Description
During the height of the COVID-19 pandemic, many businesses across the U.S., both large and small, laid off or furloughed workers, leading to a dramatic spike in unemployment across the country. For instance, in March 2020 alone, non-farm payrolls fell by 701,000....
by Kevin | Sep 9, 2021 | Executive Compensation
Various stakeholders, including students, parents, the public, and the government, persistently demand higher education quality and accountability. To meet these expectations, most universities and colleges use management tools such as mission statements and strategic...
by Kevin | Aug 18, 2021 | College and University
For years, the average minimum wage in the U.S. has been $7.25 per hour. Although some institutions pay slightly higher, only a few of them have surpassed the $15-per-hour mark. Even worse, the COVID-19 recession not only resulted in massive job losses in the U.S. but...
by Kevin | Aug 11, 2021 | Executive Compensation
A recent National Education Association (NEA) report revealed that faculty compensation in higher education has increased over the past 10 years. While the salary for a full-time professor averaged $90,000 in 2020, there are still significant discrepancies in pay...
by Kevin | Jun 24, 2021 | College and University
In 2018, the CEOs of 62 private universities over $1 million in total compensation, including bonuses and deferred payments. The Chronicle of Higher Education revealed this in its latest update on executive compensation at public and private universities. The Top...
