[East Carolina University*]'s chancellor, who is stepping down next summer, just got a 19% pay raise.
The UNC Board of Governors gave Steve Ballard, and several other chancellors, pay raises in a controversial move on Friday. The board took the vote behind closed doors and only made the pay raises public today.
Ballard's salary went from $322,560 to $385,000. That increase is retroactive to July 1st.
Ballard, chancellor since 2004, announced in July that he would be stepping down July 1, 2016. The chancellor plans to take a faculty role in leadership for undergraduate students at the university.
"I certainly recognize that the timing of this increase will raise concerns," Ballard said in a statement. "Our faculty and staff have not been compensated adequately and yet they continue to excel and to implement our mission. Retaining our talent has been our first priority for several years but much more work remains."
ECU says the increase brings the chancellor pay closer to the market range identified by a Board of Governor's study released earlier this year.
Ballard's last salary hike was in 2012.
State employees received a $750 bonus from state lawmakers this year.
via www.witn.com
Chancellor receives a $62,440 per year raise. Faculty get $750 in one-time cash.
Sounds about right.
To paraphrase someone on the Supreme Court (I think--I don;t feel like looking it up): I can't define unfair, but I know it when I see it.
*John and I taught at ECU
