https://www.tallahassee.com/story/news/2018/09/03/fsu-president-john-thrashers-total-salary-could-top-1-million/1185650002/
Florida State University President John Thrasher’s annual compensation will top $1-million next year, based on a Board of Trustees’ committee recommendation Monday.
The Governance Committee voted to recommend a 7 percent salary increase for Thrasher, along with a $300,000 performance bonus.
He also will earn a 1.75 percent increase granted to faculty as part of across the board raises.
Thrasher’s base salary of $550,154 will increase to $588,664. His total salary includes deferred compensation, bonuses and other perks like a car allowance.
Thrasher now receives $898,642 in total compensation.The proposal will up that to an estimated $1,037,152.
That places him third – for now – in the State University System.
University of Florida President Kent Fuchs earns $1,213,737 in total compensation, while University of South Florida President Judy Genshaft, earns $1,058,160 annually.
Examples, Burr said, include FSU placing third this year among the State University System in meeting Board of Governors performance metrics; his leadership following last fall’s death of Andrew Coffey at a party hosted by Pi Kappa Phi fraternity; FSU rising to No. 33 nationally for public universities in the U.S. News & World Report ratings and his swift hiring of head football coach Willie Taggart, following the resignation of Jimbo Fisher
https://www.tallahassee.com/story/news/2018/09/04/fsu-trustees-approve-raise-bonus-thrasher-faculty-members-raise-concerns/1197031002/
But not everyone was pleased with the 7-percent raise granted to Thrasher.
Three faculty members spoke before the vote, questioning how trustees could grant Thrasher a 7-percent increase when faculty members were forced to settle for a 1.75-percent increase earlier this year.
Michael Buchler, associate professor of music theory, said the discontent was not directed at Thrasher but at the administration’s negotiating team, which represents trustees.
“But if you agree to the Governance Committee’s recommendation, you’re effectively telling the faculty that President Thrasher has earned quadruple the raise of the average faculty (and that doesn’t even account for the $300,000 bonus),” said Buchler, a member of the United Faculty of Florida-FSU chapter bargaining team.
Chairman Burr said Thrasher's compensation is not a reflection of how trustees view faculty.
“This administration cares deeply about faculty,” he said following the meeting. “We’ve made great strides to make sure our faculty is compensated competitively.”
Burr noted the university just hired 125 new faculty members.
The vote means Thrasher’s annual compensation will top $1-million next year.
Thrasher’s base salary of $550,154 will increase to $588,664. His total salary includes deferred compensation, bonuses and other perks like a car allowance.
Thrasher now receives $898,642 in total compensation. The proposal will up that to an estimated $1,037,152.
Wtf, he gets a 7% raise when faculty only get a 1.75% raise? AND he also gets the 1.75% raise?
ReplyDeleteHe's done a respectable job but that is a slap in the face to faculty.