A UW System Board of Regents committee agreed the next UW-Madison chancellor needs a higher salary.

Members of the Regents’ Business, Finance and Audit committee unanimously approved a proposal Thursday to increase the pay range to be between $370,000 and $452,000 for Chancellor John Wiley’s successor.

The Regents will vote on the proposed range Friday during their full board meeting.

UW System Spokesperson David Giroux said changing the range would not necessarily equal a large increase for the next chancellor.

“Everybody is looking at the top end of that range and assuming that automatically somebody will be hired at that level,” he said. “If you look at where all of our other chancellors are relative to their range, none of the new ones are near the top end of their range.”

Giroux said a standardized formula is used to determine salary ranges, which includes looking to other peer salary data. Wiley’s current salary at slightly more than $327,400 is one of the lowest among his peers.