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ISU presidential pay could rise by 4.7%

Wed, 25 Jul 2012 09:27:03 CDT
By: Charlie Schlenker

ISU President Al Bowman could receive a $16,000 pay increase. University Trustees will vote on a proposal next week to raise Bowman's compensation to $400,000 a year. But, University spokesman Jay Groves says that would be conditional.

"President Bowman won't take a salary increase if the rest of the campus community cannot accept a salary increase also. That has happened before, particularly in the one year in which there were no salary increases."

"And I don't think a decision regarding a salary increase will probably be made until late this fall or early in the spring semester as the campus financial leaders look at the budget and what could happen if the general assembly comes back and decides to pass a part of the pension costs onto the university."

Campus raises have generally been 3% or below in recent years. If the 4.16% pay hike does go into effect for Bowman, it would still leave ISU presidential pay well below that of the Chancellor at the U of I and slightly below the salary for the President of Northern Illinois University.

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