November 24, 2006
Deferred Compensation Becomes More Common
A key part of the compensation package for some college and university presidents is money that they don't receive in their paychecks. Formally known as deferred compensation, such payments can take many forms, including supplemental retirement pay, severance pay, or even bonuses. With large institutions leading the way, deferred compensation has fast become a common feature of presidential pay packages. And deferred compensation — particularly when accrued over several
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