Four Presidents for the Price of One?

This is really quite brilliant. I hope there is enough follow up to provoke the kind of thinking that it should among college and university trustees. Are they getting from their sitting president, say, four times the performance they could get from the four best leaders on the faculty? How about from provosts? 

Administrators complain about their long hours and being stretched to the breaking point - perhaps job sharing is the path to higher institutional efficiency. The market for administrative talent is phenomenally distorted by information asymmetries and the clubbiness of the higher education elite. If boards take their fiduciary responsibility seriously, this "stunt" should make them stop and think.

(h/t to KS)

From Slate, June 16, 2014

The Clever Stunt Four Professors Just Pulled to Expose the Outrageous Pay Gap in Academia

By Rebecca Schuman

The current president and vice-chancellor of the University of Alberta, Indira Samarasekera, is leaving at the end of this month. This means that her job, which pays at least 400,000 Canadian dollars (about $368,500), is up for grabs. I’m sure the search committee expected a lot of top talent in the application pool—but they probably didn’t expect 56 Canadian academics, fed up with a highly paid administration in the face of country-wide “austerity” measures, applying for Samarasekera’s job in groups of four.

The elaborate and serious joke—an HR performance piece, if you will, that would also happen to have spectacular results if it actually worked—is the brainchild of Dalhousie University professor Kathleen Cawsey and three friends, a Gang of Four whose pointed (and hilarious) cover letter has become a Canadian media cause célèbre.

The stunt comes on the heels of recent revelations that some of the United States’ highest-paid college presidents also oversaw some of the biggest increases in student debt (and, in some cases, increased hiring of low-paid adjunct faculty). Most notoriously, E. Gordon Gee received a nearly $6 million retirement package when he “retired” in disgrace from Ohio State University. (Don’t feel too bad for him, though.) If Gee had selflessly capped his buyout at, say, a meager $1 million, the university could have offered $10,000 scholarships to 500 additional students (or hired 100 new faculty at $50,000 each, give or take). Hot on Gee’s heels is James Milliken, chancellor of the CUNY system, who can now draft emails about that pesky adjunct rebellion in supreme comfort from his free $18,000-a-month apartment.

Continue reading at Slate