The next University of Wisconsin System President could see an increase in salary under a proposal the Board of Regents is considering.
Currently, the Regents pay new top administrators under a range based on the midpoint salaries of others in similar jobs at comparable institutions nationally. They are able to pay new hires between 90 and 110 percent of the calculated midpoint.
“This algorithm creates too narrow a range, limiting competitiveness with peer institutions and discretion to set salaries appropriate to individual circumstances,” the proposal states.
If approved, the new policy would widen the range to between 80 and 120 percent of the median salary. The proposal also calls for reviewing and adjusting those ranges every two years.
Outgoing System president Kevin Reilly currently earns $414,000 annually.
Under the proposal, other top administrators, such as the new UW-Madison provost to replace Paul DeLuca, could see dramatic pay increases as well.
The Regents will vote on the proposal at a meeting Thursday.
