by Paul J. Gessing
Rio Grande Foundation
February 26, 2014
When it comes to executive compensation, whatever can be negotiated will be. In the case of publicly-financed higher education in New Mexico, salary negotiations between top-level executives at New Mexico’s two-year independent institutions and the taxpayers are negotiated by governing boards or the regents of a parent school. These negotiations are not balanced. An individual negotiating on his own behalf is likely to be far more aggressive in advancing their own interests than is a group of caretakers who are negotiating with taxpayer dollars. In the interest of transparency and a better understanding of compensation at New Mexico’s two-year independent institutes of higher education, the Rio Grande Foundation has made available the contracts of all presidents at the state’s 2 year institutes. To our knowledge, this is the first example of such a cross-institutional comparison.

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