Tellus Institute publishes report on executive pay
Brandeis has ranked seventh out of 20 private universities in average disclosed compensation of its top eight employees in 2008 and fifth in combined compensation of its four highest-paid employees reported in 2008, according to a recent report from the Tellus Institute, a Boston-based nonprofit research organization. The report examines the pay packages received by upper-level college executives at the wealthiest 20 private universities in Massachusetts, revealing information about income differences between top officials, lower-level employees and third-party corporate compensation within these schools. It lists former University President Jehuda Reinharz as Brandeis' highest compensated employee in 2008 with a compensation of $830,643. The Tellus Institute and its Center for Social Philanthropy compiled the report, titled "Academic Excess: Executive Compensation at Leading Private Colleges and Universities in Massachusetts." According to its website, the Institute "works to advance a global civilization of sustainability, equity and well-being through research, education, and action." Because the Institute did not have access to universities' most recent tax forms, the report draws from the schools' 2009 federal tax filings, according to Joshua Humphreys, senior associate at the Tellus Institute and founding director of the Center for Social Philanthropy, in an interview with the Justice.
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