BOSTON – The 10 highest paid employees in the University of Massachusetts system are on track to receive an average of $452,345 in base pay this year, according to the Boston Business Journal’s DataCenter.
Massachusetts is slated to pay 2,815 education department and higher-education employees across the Bay State at least $100,000 this year, with 164 employees to collect more than $200,000.
UMass spokesman Robert Connolly told the news source that the payroll data does not include year-end bonuses, which can boost total compensation by as much as 50 percent.
UMass Medical School Chancelor Michael Collins will receive the largest base salary in the state, at $566,233 according to the Business Journal’s data.
Connolly told the news source that, including year-end bonuses, Collins will likely collect upwards of $761,314 – his 2011 compensation.
There is no data regarding UMass Dartmouth Chancellor Divina Grossman, who took up the position in April, but former Chancellor Jean F. MacCormack took home $292,100 in 2011.
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.