The president's salary currently sits at $400,000 annually. This amount was set by Congress in 2001, with the passage of a provision in the Executive Branch and Federal Pay Act. This figure includes a $50,000 expense allowance to cover the costs of carrying out presidential duties.
Volodymyr Zelenskiy declared his personal income for the first time since the outbreak of war with Russia, as part of his effort to increase transparency and accountability in government. This move was seen as a way to set an example for other world leaders.
The Arizona Board of Regents voted Thursday to give the three leaders of its state universities a roughly 3% raise and one-time bonuses. This decision was met with mixed reactions from the public, with some questioning the timing and necessity of the pay increase.
Penn paid former President Amy Gutmann nearly $23 million in 2021, according to recent University tax filings. This hefty sum raised eyebrows and sparked discussions about executive compensation in higher education.
The U.S. president may be the leader of the free world, but they're also a government employee. Here's what we know about the president's salary, benefits, and other perks that come with the job.
What does the contract tell us? · His base salary, including an estimated annual raise of 4 percent, will total just under $6 million. · If he meets certain performance goals, he could earn additional bonuses and incentives.
Of the 66 million Americans who receive a Social Security check every month, according to the Social Security Administration, the president's salary pales in comparison. This highlights the disparity in income levels across different sectors of society.
Florida State University trustees raised President Richard McCullough's base salary for next year to $1 million while also giving him a substantial bonus. This move was seen as a way to attract and retain top talent in academia.
The University of Pennsylvania has declined to release the financial terms of president Liz Magill's exit as president, which is typical for such cases. This secrecy around executive compensation raises concerns about transparency and accountability in higher education institutions.
