Due to the introduction of the city manager position, the Ithaca Common Council voted to reduce the mayor’s salary while increasing the salaries of Common Council alderpersons.
Cornell’s latest tax returns reveal that the University’s highest-paid employees were clinical professors — sporting salaries that range from around $4 to $8 million in the fiscal year ending in 2018.
Faculty salaries at major universities across the nation remain unaffected despite widespread budget and general economic woes.
Salaries for professors across the country rose by 3.9 percent last year, well above the inflation rate, according to the American Association of University Professors. According to USA Today, Weill Cornell Medical College Prof. Zev Rosenwaks, obstetrics and gynecology, allegedly earned a paycheck of $3.1 million last year, the fifth highest salary at any U.S. college.
The median salaries at the endowed colleges during the 2008-2009 school year were $93,500 for assistant professors, $109,800 for associate professors and $154,300 for full professors, according to data from the AAUP.