University of Wisconsin System officials are mulling a potentially huge pay raise for the next UW-Madison chancellor in hopes of attracting the best candidates to the top job at the state’s flagship school.
MADISON, Wis. â?? University of Wisconsin-Madisonâ??s next leader could earn $42,500 to $125,000 more than Chancellor John Wiley under a plan meant to attract more candidates for the position.
The UW System Board of Regents will consider increasing the salary ranges of university chancellors and system executives during its meeting on Thursday and Friday.
Board President Mark Bradley said Monday the higher ranges are needed to attract top candidates as regents recruit new chancellors at the Madison, Parkside and Whitewater campuses
The UW System Board of Regents is being asked to increase salaries for top university officials.
UW System spokesman David Giroux says the Board of Regents is expected to vote on a proposal this week that would raise salary ranges for chancellors and system executives. Giroux says the measure would help to bring salaries for top UW officials into the lower end of what similar campuses are paying their top officials.
University of Wisconsin students are now able to nominate candidates for the seat Chancellor John Wiley will leave when he steps down this upcoming summer.
The search for the next University of Wisconsin chancellor kicked off Friday afternoon with the first official meeting of the Search-and-Screen Committee.
Associated Students of Madisonâ??s Shared Governance Committee selected two students to serve as student body representatives on a chancellor search and screen committee late Tuesday.
University of Wisconsin System President Kevin Reilly appointed a committee last week that will begin the search for a new UW-Madison chancellor.
The University of Wisconsin System will soon have three chancellor searches in the works.
Chancellor John D. Wiley’s annual earnings of $341,495 – including a state-provided car, free housing, retirement pay and club dues – may seem generous to the average Wisconsin taxpayer. But it may not be enough to attract a top leader to take the reins at the University of Wisconsin-Madison when Wiley steps down in September.
“That is one of the most underpaid great jobs in America,” said Stephen Trachtenberg, former president of George Washington University and a consultant with executive search firm Korn/Ferry International.
