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Complex university president contracts add layers of compensation - Richmond Times-Dispatch: College

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Saturday, Aug. 2, 2014

College

Complex university president contracts add layers of compensation

At Virginia schools, incentive pay, retention bonuses now part of layers of compensation

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The compensation for the leaders of Virginia's universities

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Posted: Sunday, February 10, 2013 7:07 am | Updated: 2:57 pm, Sat Apr 19, 2014.

Virginia Tech President Charles W. Steger is a rarity in academia — he works without a net.

Steger, the state’s top-paid president with a compensation package worth $853,433, is alone among his peers at the 15 public four-year institutions to be employed without a contract.

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