Salary figures published
President Richard Meyers' earnings average compared to area universities
By: Lindsey Pilcher
Issue date: 12/2/04 Section: News
- Page 1 of 1
President Richard Meyers' total compensation, including benefits and expenses, for the 2002-03 academic year was more than $300,000, according to a recent report by The Chronicle of Higher Education.
Meyers' compensation is higher than Fontbonne University, whose president makes $180,632, and St. Louis University, whose president has no salary. The chancellor of Washington University, however, makes considerably more at over $680,000.
Meyers recently celebrated 10 years at Webster. His accomplishments include international expansion, online education and new buildings.
Other administrators earning over a six-figure salary are David Garafola, the vice president of finance and administration, and Neil George, the vice president of academic affairs. Both make over $194,000 after benefits. Vice president Karen Luebbert, who has been at the university since the late 1960s, makes $165,643 after benefits, Deborah Dey, the vice president of enrollment, makes $167, 825.
Meyers said the Board of Trustees determines administrative salaries by looking at what administrators at comparable schools make.
"Some vice presidents traditionally make more than others," Meyers said.
According to Sum & Substance 2004, the Webster University fact-book of institutional data, full-time professors make an average of $68,900, and associate professors make an average of $52,100.
Meyers said that Webster ranks in the 60th percentile among comparable universities for full-time professors. The university judges comparability by region and size.
Another interesting statistic about salaries is where they come from. According to a recent financial report by Garafola, 92 percent of revenue comes directly from student tuition and fees, meaning that the salaries come directly from the student's pocket.
"For this level school, it's kind of ridiculous," said Donny Blum, a senior history major. "It's not like we're contributing to groundbreaking research."
Meyers' compensation is higher than Fontbonne University, whose president makes $180,632, and St. Louis University, whose president has no salary. The chancellor of Washington University, however, makes considerably more at over $680,000.
Meyers recently celebrated 10 years at Webster. His accomplishments include international expansion, online education and new buildings.
Other administrators earning over a six-figure salary are David Garafola, the vice president of finance and administration, and Neil George, the vice president of academic affairs. Both make over $194,000 after benefits. Vice president Karen Luebbert, who has been at the university since the late 1960s, makes $165,643 after benefits, Deborah Dey, the vice president of enrollment, makes $167, 825.
Meyers said the Board of Trustees determines administrative salaries by looking at what administrators at comparable schools make.
"Some vice presidents traditionally make more than others," Meyers said.
According to Sum & Substance 2004, the Webster University fact-book of institutional data, full-time professors make an average of $68,900, and associate professors make an average of $52,100.
Meyers said that Webster ranks in the 60th percentile among comparable universities for full-time professors. The university judges comparability by region and size.
Another interesting statistic about salaries is where they come from. According to a recent financial report by Garafola, 92 percent of revenue comes directly from student tuition and fees, meaning that the salaries come directly from the student's pocket.
"For this level school, it's kind of ridiculous," said Donny Blum, a senior history major. "It's not like we're contributing to groundbreaking research."
