A recent study conducted by “the Chronicle of Higher Education” regarding the salaries of college presidents’ shows evidence of a glass ceiling present for women. The study, which was published in the Nov. 9 issue, compared salaries of presidents during the 2000 fiscal year.
Private college president’s salaries rose 11.2 percent in the year 2000, averaging out at $207,130.
President Iadarola earned $125,545 in the Liberal-Arts Colleges bracket.
Iadarola’s salary is low when compared to others in the same bracket. George C. Roache III, President of Hillsdale College, earns $1,185,436. Judith Rodin, President of the University of Pennsylvania, earns $698,325.
Rodin, however, seems to be the exception amongst women Presidents. It appears that by looking at the figures presented, women Presidents are making up to $100,000 less than their male counterparts.
Iadarola agreed that the numbers presented did reflect a glass ceiling in the profession, but that it is not harder being a woman in the profession. “We are not perfect. Women have made gains. We’ve come a long way, but we’ve got a long way to go.”
She was reluctant to comment further, stating that a President’s salary is related to the school’s endowments.
Iadarola admitted to having “loads” of headhunters calling her, and said that she could “double” her salary. Iadarola believes that she is paid what she “needs” to be paid.
Among the benefits that Iadarola gets as President of Cabrini, are a free car, and a free house in the Main Line area.
Cabrini pays faculty and staff according to national standards. Staff salaries, which would include the President’s, are based on surveys from the College and University Professional Association for Human Resources (CUPA-HR). Data is compiled from institutions that reply to the surveys, edited and then used to set professional staff member’s salaries.
Cabrini then pays their staff on a salary range of one to five. One would be an entry-level position, three would be a midpoint, and five would be maximum range.
In a statement from Cabrini’s Human Resources Department, Mary Theresa Fosko wrote, “Cabrini’s goal is to have every professional staff member’s salary at the midpoint for their job.”
All faculty and staff were given a five percent increase, with one percent of that coming in equity increases. Staff members also received a compression increase this fall that awarded them a “certain dollar amount for every year of service” at Cabrini.
Facts about College
President’s Salaries in the year 2000
Salaries rose 11.2 percent
National Average is $207,130
Dr. Iadarola earned $125,545
Female Presidents earn around $100,00 less than males do