University Presidents' Compensation Below National Average - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

University Presidents' Compensation Below National Average

Posted: Updated:

BOZEMAN - A new report shows the compensation for University Presidents in our state remains similar to other schools in the region, but is well below the national average.

According to the Chronicle of Higher Education, the average compensation for leaders of public universities across the United States is about $441,392. 

The numbers released reviewed the pay and compensation for 212 chief executives and 191 public universities.

The state of Montana ranked low nationally, but remains competitive regionally.

"There's a trade off for what we believe is a very desirable quality of life in Montana. The trade off is understanding that your compensation's not going to approach the national average or regional average," said Kevin McRae, Associate Commissioner of Communications with the Office of Higher Education.

University of Montana President, Royce Engstrom total compensation is about $360,505. Montana State University President, Waded Cruzado earnings is about $335,173 in compensation.

McRae said because Engstrom is older than Cruzado, the life insurance policy is more.

"The report shows that President Engstorm gets higher compensation , but he does not. The benefit is identical to President Cruzado, but because it's funded through term life insurance, the premium the identical is most expensive for him," said McRae.

Both Presidents salaries are the same, $289,466 per year.

McRae said we are fortunate enough to find university leaders that are attracted by the opportunities Montana has to offer.

"In the state of Montana, the nature of our economy  and the nature of our jobs, we don't expect to be at the national average," said McRae.

The average income for a worker in Montana is $39,580.

President Cruzado began her President term in January 2010 and President Engstrom began his term in October 2010.

  • Home: Butte/Bozeman NewsMore>>

  • Local Food System Gets Dating Service

    Local Food System Gets Dating Service

    Tuesday, April 15 2014 8:26 PM EDT2014-04-16 00:26:50 GMT
    A non-profit plays match maker between local growers and chefs. The farmer and chef speed dating was put on by the Western Sustainability Exchange, a non-profit that works to conserve land in the west.
    A non-profit plays match maker between local growers and chefs.
  • Man Who Led Police On High Speed Chase Back In Jail

    Man Who Led Police On High Speed Chase Back In Jail

    Tuesday, April 15 2014 8:26 PM EDT2014-04-16 00:26:03 GMT
    A Three Forks man appears in court on Tuesday after being arrested in Butte on a $500,000 warrant. Matthew Brian Brandemihl, 32 was sentenced last month to 10 years of probation. Judge Holly Brown ordered
    A Three Forks man appears in court on Tuesday after being arrested in Butte on a $500,000 warrant.
  • Wankel T. Rex Arrives In Washington

    Wankel T. Rex Arrives In Washington

    Tuesday, April 15 2014 8:25 PM EDT2014-04-16 00:25:11 GMT
    The famous Wankel T. Rex joins the rest of the dinosaur fossil collection at the Smithsonian National Museum of Natural History. The fossil left Montana on Friday and traveled more then 2,000 miles to
    The famous Wankel T. Rex joins the rest of the dinosaur fossil collection at the Smithsonian National Museum of Natural History.
  • Most Popular

  • Most Popular StoriesMost Popular StoriesMore>>

  • LOOK: Photos Of 'Blood Moon' During Total Lunar Eclipse

    LOOK: Photos Of 'Blood Moon' During Total Lunar Eclipse

    Tuesday, April 15 2014 7:59 PM EDT2014-04-15 23:59:30 GMT
    KHQ.COM - It was a sight to behold! The blood moon lit up the heavens last night. If you slept thru it, no need to worry! We recorded the whole thing for you and many of our Facebook friends and viewers have shared the photos that they captured of the total lunar eclipse last night!
    KHQ.COM - It was a sight to behold! The blood moon lit up the heavens last night. If you slept thru it, no need to worry! We recorded the whole thing for you and many of our Facebook friends and viewers have shared the photos that they captured of the total lunar eclipse last night!
  • Auctioned Bull Raises Money for Fellow Breeder

    Auctioned Bull Raises Money for Fellow Breeder

    Friday, April 11 2014 8:11 PM EDT2014-04-12 00:11:47 GMT
    Thousands of dollars were raised in a matter of seconds for a wounded rancher at the 5-L Red Angus Bull Auction in Sheridan Friday. A total of 300 bulls were sold in a matter of four hours, but one bull
    Thousands of dollars were raised in a matter of seconds for a wounded rancher at the 5-L Red Angus Bull Auction in Sheridan Friday.
  • Bridger Bowl Closes For The Season

    Bridger Bowl Closes For The Season

    Monday, April 14 2014 8:08 PM EDT2014-04-15 00:08:27 GMT
    Ski season officially comes to an end for skiers at Bridger Bowl on Monday. Russel Ashby moved to Bozeman last year form Australia. This year was his first full season, skiing at Bridger Bowl."I really
    Ski season officially comes to an end for skiers at Bridger Bowl on Monday.
  • Former Griz Football Player Battles Cancer

    Former Griz Football Player Battles Cancer

    Tuesday, April 8 2014 7:00 PM EDT2014-04-08 23:00:04 GMT
    A former Griz football player prepares to take on different kind of physical challenge, after learning he has cancer. Former linebacker Cole Lockwood got his diagnosis just last week and is now recovering
    A former Griz football player prepares to take on different kind of physical challenge, after learning he has cancer.
  • Rhino Bar Employees Learn to Prevent Sexual Violence

    Rhino Bar Employees Learn to Prevent Sexual Violence

    Monday, April 14 2014 8:06 PM EDT2014-04-15 00:06:55 GMT
    The Rhino bar in Missoula was crowded on Monday, but at a much earlier hour than usual. Bartenders, servers and security staff met at the bar at 9 a.m. to go through a new training program to help prevent
    The Rhino bar in Missoula was crowded on Monday, but at a much earlier hour than usual.
  • Missoula Encourages "Smart911" Signups

    Missoula Encourages "Smart911" Signups

    Tuesday, April 15 2014 12:56 PM EDT2014-04-15 16:56:35 GMT
    Missoula county officials are encouraging community members to sign up for a free service to help emergency responders tailor their response to an individual or family's unique needs. Smart911 is a free,
    Missoula county officials are encouraging community members to sign up for a free service to help emergency responders tailor their response to an individual or family's unique needs.
  • St. Patrick Hospital To Offer Pediatric And Newborn Services

    St. Patrick Hospital To Offer Pediatric And Newborn Services

    Monday, April 14 2014 5:32 PM EDT2014-04-14 21:32:39 GMT
    Providence St. Patrick Hospital on Monday announced it will offer of comprehensive women's and children's services. Services will include inpatient obstetrical and newborn care, with a Level 2 neonatal
    Providence St. Patrick Hospital on Monday announced it will offer of comprehensive women's and children's services.
  • Pharmacists Refuse To Fill Florence Doctor's Prescriptions

    Pharmacists Refuse To Fill Florence Doctor's Prescriptions

    Wednesday, April 9 2014 12:24 AM EDT2014-04-09 04:24:09 GMT
    Paperwork from the Board of Montana Medical Examiners shows several pharmacists refused to fill prescriptions for the patients of Dr. Chris Christensen, the founder of Big Creek Family Medicine and Urgent
    Paperwork from the Board of Montana Medical Examiners shows several pharmacists refused to fill prescriptions for the patients of Dr. Chris Christensen, the founder of Big Creek Family Medicine and Urgent Care in Florence, due to unusually large doses of medication.
Powered by WorldNow

Features

  • More Features
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and Cowles Montana Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.