Private School Headmasters Compensation

Private School Headmasters' Compensation Education professionals often earn significantly less than what they could earn in the business world or in other professions. However, there is  a group of leaders of private schools who are actually seeing surges in their salaries that pack quite the financial punch: the Head of School. What are these leaders really making and is it justified? The Head of School's Job Compensation Averages A head-of-school is a job that comes with enormous responsibility. At private schools, these high powered individuals have to run not only a school but also a business. Many people dont like to think of schools as businesses, but the truth is, they are. A Head of School will actually oversee a multi-million dollar business, some schools are billion dollar businesses when you consider endowments and operating budgets, and they are responsible for the well-being of hundreds of children every day. Boarding schools add another level of responsibility when it comes to leadership and oversight of children, as they are essentially open 24/7. The head is involved in not only the aspects of academics and ensuring students receive quality educations, but also hiring and HR, fundraising, marketing, budgeting, investing, crisis management, recruiting, and enrollment. The person who sits in this role must be a part of every aspect of the school.   When you consider the enormous expectations made of these dedicated individuals, most head of schools compensation is far below comparable levels in other fields. How far below? Significantly. The average compensation of the top 500 CEOs is in the millions according to Executive Paywatch. According to NAIS, the average compensation for a head of school is about $201,000, with boarding school heads edging out their peers with about $238,000. However, some schools also have presidents, which at the day school level are making comparable salaries, but are making an average of $330,000 at boarding schools.   But, thats not to say that Heads of Schools are hurting. An interesting note is that many private school heads also tend to receive extensive benefits, such as free housing and meals (even some day schools offer this), school vehicles, housekeeping services, country club memberships, discretionary funds, strong retirement benefits, and even expensive buyout packages should the school not be thrilled with his or her performance. This can easily equate to another $50,000-$200,000 in benefits, depending on the school.   Comparison to Public School College Compensation While many claim heads-of-schools make less than their corporate counterparts, the truth is that many actually  earn more than some  public school superintendents. The average salary without benefits for a superintendent is about $150,000 nationally. But some states, like New York, have superintendent salaries exceeding $400,000. In general, the salaries at Urban Schools tend to be greater for superintendents. Now, college presidents, by contrast, make significantly more than private school headmasters. Reports vary from source to source some claiming presidents average about $428,000, while others show the average is more than $525,000 annually with many earning well over $1,000,000 in annual compensation. The top 20 highest-paid presidents all earned over a million dollars annually, even in 2014.   Why Do Head-of-School salaries vary so much? Location significantly affects the salaries of these top-level positions, as does the school environment. Heads of schools, historically referred to as headmasters when the positions were held primarily by men, at junior schools (middle schools and elementary schools) tend to make significantly less than their secondary school counterparts, and boarding school heads tend to make the most due to a large amount of responsibility the school has in providing an appropriate homelife for students from around the world. Schools in small towns tend to offer smaller salaries, although many New England private schools buck that trend, with schools that are centuries old in small towns offering some of the top salaries in the country. A couple of years ago, the Boston Globe came out with a story about the surge of salaries in New England, uncovering several heads with salaries ranging from $450,000 to over a million dollars. Fast forward to 2017, and those heads are making even more, with increases equating to 25% raises in only a few years. School financials also play a role in head-of-school compensation. Naturally, those institutions with higher endowments and annual funds also tend to pay their leaders higher salaries. However, tuition doesnt always indicate the level of a head-of-schools salary. While some schools with high tuitions will indeed offer some of the most competitive compensation packages, those are usually schools that dont rely on tuition to cover the bulk of the operating budget. In general, the more tuition-driven a school in annually, the less likely it is that their head of school will be pulling the biggest dollars.   Compensation Information Sources The Form 990, which non-profit schools file annually, is similar to a tax return. It contains information about headmasters compensation, as well as other high paid employees. Unfortunately, to make sense of figures you have to examine several different pages of the filing. The elements of the compensation packages are complex and are contained under many different expense headings. If the school is a 501(c)(3) not for profit educational institution, it must file a Form 990 with the IRS annually. The Foundation Center and Guidestar are two sites that make these returns available online. Note: the cash salaries are somewhat misleading as most of these key employees receive significant allowances for housing, meals, transportation, travel, and retirement plans apart from their cash salaries. Figure an additional 15-30% for allowances and/or non-cash compensation. The gross amount in many cases exceeds $500,000, with some exceeding $1,000,000 with other compensation factored in. A sampling of head-of-school  and president base salaries ranked from highest to lowest, based on Form 990 submissions from 2014, unless otherwise noted: Episcopal High School, Alexandria, VA $605,610 with $114,487 in est. other compensationMilton Academy, Milton, MA $587,112 with $94,840 in est. other compensationPhillips Exeter Academy, Exeter, NH -  $551,143 with $299,463 in est. other compensationPhillips Academy, Andover, MA - $489,000 was reported in 2013, with no head of school compensation listed in 2014Choate Rosemary Hall,  Wallingford, CT $486,215 with $192,907 in est. other compensationHarvard  Westlake School, Studio City, CA - President $483,731 with $107,105 in est. other*Rye Country Day School, Rye, NY - $460,267 (down from $696,891 in 2013)Hackley School, Tarrytown, NY - $456,084 salary and $328,644 in est. other compensationDeerfield Academy, Deerfield, MA - $434,242 with $180,335 in est. other compensationWestern Reserve Academy, Hudson, OH - $322,484 with $128,589 in est. other compensationHarvard  Westlake School, Studio City, CA - Head  $320,540 with $112,395 in est. other*   *Figures from the 2015 Form 990 Some older 990 forms have revealed the following headmaster salaries, from highest to lowest. Well continue to update this information as we obtain it.   Greensboro Day School, Greensboro, NC $304,158The Brearley School, New York, NY $300,000Lancaster Country Day School, Lancaster, PA $299,240Poly Prep Country Day School, Brooklyn, NY $298,656Georgetown Day School, Washington, DC $296,202Culver Academies, Culver, IN $295,000St. Marks School of Texas, Dallas, TX $290,000Hathaway Brown School, Shaker Heights, OH $287,113Madeira School, Maclean, VA $286,847The Dalton Schools, New York, NY $285,000Hotchkiss School, Lakeville, CT $283,920Punahou School, Honolulu, HI $274,967Far Hills Country Day School, Far Hills, NJ $274,300Groton School, Groton, MA $258,243North Shore Country Day School, Winnetka, IL $250,000Avon Old Farms School, Avon, CT $247,743The Peddie School, Hightstown, NJ $242,314Kent School, Kent, CT $240,000Episcopal Academy, Merion, PA $232,743Cranbrook Schools, Bloomfield Hills, MI $226,600University School of Milwaukee, Milwaukee, WI $224,400McCallie School, Chattanooga, TN $223,660Middlesex School, Concord, MA $223,000Sidw ell Friends School, Washington, DC $220,189 Ransom Everglades School, Miami, FL $220,000The Masters School, Dobbs Ferry, NY $216,028Greenwich Country Day School, Greenwich, CT $210,512Harvey School, Katonah, NY $200,000The Hill School, Pottstown, PA $216,100Taft School, Watertown, CT $216,000Shore Country Day School, Beverly, MA $206,250Miami Country Day School, Miami, FL $200,000Village School, Pacific Palisades, CA $210,000Lake Forest Country Day School, Lake Forest, IL $188,677Hillel School of Metropolitan Detroit, Farmington Hills, MI $156,866Annie Wright School, Tacoma, WA $151,410Foxcroft School, Middleburg, VA $150,000Ravenscroft School, Raleigh, NC $143,700Forman School, Litchfield, CT $142,500 Are Headmasters' Compensation Packages Justifiable? A good headmaster deserves to be well-paid. The head of a private school must be a top-notch fundraiser, a superb public relations person, a fine administrator and a dynamic community leader. How lucky we are to have talented educators and administrators who lead private schools rather than manage a Fortune 100 enterprise. Many of them could make 5 or 10 or even 20 times as much as they currently do. Trustees need to review their key employees compensation packages annually and improve them as much as they can. Its extremely important to attract and retain talented administrators in our private schools. Our childrens future depends on it. Resources:Pay Soars For Headmasters at Mass. Prep SchoolsHeadmasters Salaries On The Rise

Poverty in European Union Essay Example | Topics and Well Written Essays - 1000 words

Poverty in European Union - Essay Example According to Draxler, absolute poverty levels have continuously fallen in a uniform manner in the entire of the European Union as well as generally in the countries of OECD in the recent past. On the other hand, relative levels of poverty have been escalating. Further, he argues that this has a high connection to the predicaments of the creation of employment. He continues to argue that the social exclusion issue and the downright establishment of the underclass impacts several functions of the policies of society and more specifically and of essence to it are the policies of education. This predicament as Draxler continues to argue, may be having some outdated structural causes. It manifests itself in the numerous new ways, though. Most of the risks socially are highly correlated with the habits of the lifestyle. Some of the examples he has given are society’s post-scarcity, smoking and overfeeding on junk food. Such habits are further correlated with disparities socially. The problem of obesity according to him is of the ones with a status of low-income and has increased in terms of its impact on society, especially to UK. In UK, due to the effect of obesity on society, efforts are underway to change the legislative stipulations to ban the marketing of junk food. Policies relating to lifestyle are highly becoming a component of essence to the intervention by the state. (Draxler, 2006 pp31, 32) In this same line of the item of argument. The article by think-tank says that, UK and Germany form the largest economies of the EU member states. It further states that UK has the biggest levels of relative poverty in the entire EU as well as the largest disparity of incomes. On the other hand, in accordance to think-tank, Germany’s situation is the rise in levels of unemployment as well as child poverty. The approach of explanation by think-tank is that poverty is a predicament approached with three models of programs of

Program and culture class in architecture Assignment

Program and culture class in architecture - Assignment Example I have particularly chosen this site because it presents a different culture from my own. I come from Indonesia and would like to experience a different culture. A sizeable number of customers attends the cafà © and as such, the number will be enough to draw meaningful conclusion. Riverside Public Library is one of the smallest libraries in the United States and I can easily access it since it is public. It is not congested like other public libraries and as such, I can easily conduct my study there. People attend the library from different cultural background and my visit there will provide me with an opportunity to mix and interact with different cultures. I will be able to identify one fellow who will introduce me to the place. The grocery is located with the Guatemalteca Bakery Restaurant and offers Guatemalan and Latin American foods. It is visited by a sizeable number of people and is accessible to members of the public. Since It is mostly attended my Latin American people, I will get an opportunity to interact with the new

Grades Encourage People to Learn Essay Example for Free

Grades Encourage People to Learn Essay Grades encourage people to learn TOPIC 5 : Do you agree or disagree with the following statement? Grades encourage students to learn. Use specific reasons and examples to support your opinion. As we all know, in the school, people use grades to evaluate the result of studying process. And it is clear to see that grades encourage students to learn so much. Because it helps students have a specific target, know what their strength and weakness are and try to learn to get benefits that high grades bring to them. First of all, the most important thing when you start to do something is that you have to make your own goal. Knowing clearly/obviously What you want to achive will help you get/make a clear plan about what you have to do. In the school, the grades play a role as that goal. Once you had a specific purpose you will try your best to reach it. (example ? ) Secondly, the second, because grades are used to evaluate your academic result, you will have a/an overview about what subjects you are good at or bad at. This will be useful for you to pay more attention to which parts you are not so good to improve them. Finally, when you get/obtain high grades in the school you will have a chance to get a good job. When you apply for a job, recruiters usually look at your CV including your academic result first to make a decision if they will give you an interview. The grade is a standar to determine your ability in gaining and understanding new knowledge. So high grades help you have a good quality in others’eyes. In conclusion, grades help students make an effective approach of studying. Besides, good grades bring students many benefits. That is why grades encourge students to learn so much.

Early Childhood Development Essay -- Papers Child Analysis Children Es

The child that I chose for my observation is a two-year-old; Caucasian, female named Crystal. While observing her in a private facility, I was able to determine if she is behind, right on target, or advanced in areas of development. I observed her physical, intellectual, social and emotional developments. Physical development includes the child's body size, body proportion, normal growth, brain development, and motor skills. Intellectual development, or cognitive development, includes play patterns, reasoning, memory, attention span, and language development. Social and emotional development includes development of empathy, emotional self-regulation, peer sociability, and sex typing. The child that I observed exhibited normal growth patterns, advanced cognitive development in language especially, and normal social and emotional development. Physically, Crystal is right on target. Even though she is shorter than other children her age, she still achieves all types of activities set fo rth for her. The general growth curve explains that the growth and changes in the body size is slower during early and middle childhood. As far as gross and fine motor developments are concerned, she is also right on target. On the playground, Crystal is running, jumping, hopping, and riding a bike. When it comes to drawing, Crystal sits very quietly and concentrates on what she is doing. Crystal is advanced intellectually for her age. Experts say that brain development is very rapid during age's 2-6 years of age. Crystal also has an excellent memory, a wide attention span, and a great imagination. Make-believe is a very important part of Crystal's everyday routine, but she can distinguish between her imagination and reality. When Crystal tells a st... ...elopment. From my experience with other children her age, weather they are children of friends or family, I believe that her attendance at a preschool has helped her a lot with the majority of her development. Generally, Crystal is a well-rounded, well-developed 2-year-old. She is a smart, insightful, and a joy to be around. I have learned a lot about her development, even in such a short period of time. Even though I have learned a lot about Crystal, the only person can and should be the true observers are the parents. I often find myself watching my brothers, sister, cousins and the children that I work with. In the last couple of weeks, I have come to understand their weaknesses and strong points of development. This is something I had never taken the time to do before. By learning and understanding development, I will be able to understand and help them better.

Reflection on Film: Psycho Essay

In the movie Psycho, we see a character that is the one at fault but is so sweet she is obviously the victim here. When the $40,000 is no longer what we see from Marion Crane, it is because she was murdered, she is now the victim. Robert Ebert, from the Chicago Sun Times states â€Å"Marion Crane does steal $40,000, but still she fits the Hitchcock mold of an innocent to crime.† She was originally at fault here, and then she is brutally murdered for no reason by Norman Bates, who now becomes the center of attention. We must now figure him out! â€Å"Marion has overheard the voice of Norman’s mother speaking sharply with him, and she gently suggests that Norman need not stay here in this dead end, a failing motel on a road that has been bypassed by the new interstate. She cares about Norman. She is also moved to rethink her own actions. And he is touched. So touched, he feels threatened by his feelings. And that is why he must kill her.† states Ebert. This point being made, never occurred to me while watching the movie, I saw just a crazy guy that thought she was pretty and his â€Å"mother† didn’t want him to be with her, so out of fear he killed her. Psycho was a great film that truly was the setup up for future horror films. It is the masterpieces of Hitchcock that really set the standard of movies we see today, he is the master of them and people use his example. Psycho being this horror movie that has a huge unexpected twist in the plot really makes you feel for the characters and engages you in to the film, you almost feel like you are with Marion in the bath tub while she is murdered, you can feel your heart pound from the screeching sound of the music. Everything that was put in this movie was put there for a reason and it all pulls you right in with it.

Animal Testing and Hunting Stopping the Slaughter Essay

We, as humans, mistreat the animal population. On a smaller scale, the human population wastes domestic and wild, animals for medical testing, for their fur, and for entertainment such as dog fighting. These things may not seem to be globally threatening, yet the constant waste of certain species of animals and the destruction of an animals natural habitat will lead to the endangerment and eventually the extinction of the species. Furthermore, many people are unaware that the world is currently in the midst of the largest mass extinction in history. The human populations use of domesticated and wild animals is both horrific and dangerously frivolous. For example, one might examine the usage of vivisection, or animal testing. Over†¦show more content†¦For example, Asiatic bears are now on the list of endangered animals due to the fact that the Chinese population restrictively cages them in farms and gives them little to no food or water. Because the Chinese believe that the bile from the bears gallbladder has healing power, they extract it for the use of curing headache, kidney stones, cirrhosis, and it has been lately used in shampoo and as an aphrodisiac. Furthermore, animals such as the Black Rhino (whose horns are ground into powder for use as a fever-reducing agent in traditional oriental medicines and is carved into dagger handles in the Middle East) and the African Elephant (whose ivory tusks have been hunted for centuries) are declining sharply due to human wants. Very little has been done to reverse the mass hunting of animals, although there are a few noted instances of the national community joining together to resolve this issue. For instance, in order to control the hunting that was quickly bringing many species of whale onto the list of endangered species, an international whaling convention was organized in 1946. 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