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Is Presidential Compensation Linked to Performance of Ontario's Colleges?

出版	SSRN, 2018
URL	http://books.google.com.hk/books?id=BRL-zgEACAAJ&hl=&source=gbs_api

註釋This paper examines relationships between Presidential salaries and key performance indicators for Community Colleges in Ontario, Canada, to determine the impact College performance has on determining executive salary levels. This study uses the annual Sunshine List to discern three years of data for Presidential salaries, up to and including the wage freeze in 2012, and KPIs from a survey conducted by Colleges Ontario between 2010 and 2013 to asses lagged salary impacts. A number of linear regressions were conducted, with the dependent variable of most being Presidential compensation, and independent variables spanning KPIs, institutional size, full-time enrollment, region and the tenured years of the executive. It was found that compensation no reflection of KPIs, does not impact any KPIs nor any change in KPIs. It was found to correlate with graduation rates, whereby compensation increases when graduation rates decrease. However, it is later shown that enrollment figures impacted both. With Ontario's Colleges now consulting citizens on executive compensation with performance-based measures, it is also important to asses the impact of Presidential compensation on KPIs, which this study shows no relationship thereof. If Colleges are wishing to streamline compensation, this paper proposes they be based on relative performance improvements along factors related to the KPIs. This paper proposes new pathways for research to explore how variances in the composition of the student body impact performance. To the best of the author's knowledge, this is the first study of its kind focused on Presidential Compensation in colleges and builds on one other study to consider the nature of performance-based compensation in Ontario's broader public sector empirically.