Recently the 10:1 ratio proposal has made the headlines all across the nation, from the Washington Post to dozens of small college newspapers that are considerably better than The Point News. At our current minimum of $24,500 salary for staff members, this would place the president's salary at $245,000 ($80,000 less than the current salary). Currently the SMCM presidential salary is well below the average for college presidents, but of course SMCM is a small, public college, so that makes sense.
Hey yall keep in mind the only reason the current presidential salary is so high is because Maggie wanted to leave circa 2009, but the college couldn't find a good replacement so they upped her salary to make her stay and extra year before Urgo came on board~However about a week ago the proposal was defeated by the Faculty Senate 9-8. The meetings are closed, and even the SGA VP, who sits in on the meetings, was definitely asked to leave when discussion of this hot topic issue came up.
And then they never lowered the salary back down to a reasonable rate. Check out the records in the library for more info~
We do not know for sure why the proposal was defeated by the Faculty Senate. The proposals may have had some impact on faculty salary as well (???) or maybe they just do not want change? My inclination is that there are probably a few aspects of the proposal that did not sit well with the faculty (where can we see the proposal they voted on ???) but overall they may have been in favor of the idea. Having sat in on these meetings, they are definitely very interesting. I do not even know how to describe the meetings properly, but sitting in a room with two dozen highly intelligent and successful people is not only intimidating, but gives you the sense that they must
a. know what they are doing
b. have some House of Cards level backdealing going on
c. hopefully have the best interests of the college at heart
I hope to see the proposal passed in some form within the next year.