$225,000-> This is what the State of Florida pays every university president.
$359,856-> Is what the President of USF gets paid.
Now I know you have to ask where does the money come from? Well USF has a foundation which does all sorts of great things. Like scholarships ( which I hope to get some of them) and new resources for the school so really that $134,856 a year is money that doesn't provide scholarships for students... it doesn't provide resources for students. It goes to a President who gets a Large, extraigant house for free. And gets various bills regarding its upkeep -also for free-
You see corperation CEO's get very large perks because their is this myth of a competative market. This same myth exists about a University President
“If we want to have the right people, we’ve got to pay them more than the state allows us to,” Dick Beard, chairman of the BOT, said to the Oracle in January. “We and all the other universities around the state do it the same way.”
You know who likes to run Universities? Senators, Congressmen, former governors, senior partisan operatives, cabinet members, and other elite people in our society.
They view doing something like this as a service to the community. And these people are ( yes virginia) very rich and have oppertunities for wealth very few people ever get.
A pay raise for a University President is for that reason just as much of a joke as a pay raise for a CEO. A university president gets oppertunities for new political offices, think tanks, corperate board, speaking tours, and tons of books. These opertunities are enough that the state minimum ( which is already in the top 1% of income) is good enough.
But hey whats a little greed right?
The Pravada here in the heart of temple terrace doesn't address this in the same way they would if a CEO of a corperation did that at the expense of employee job.
Because they are hypocrites.