W. Va. Code R. § 133-5-4 - Compensation
4.1. The
Commission shall approve the total compensation of a president, from all
sources, before the compensation becomes effective. Forms of compensation which
require prior approval include: annual salary derived from whatever funding
source, deferred compensation, and housing or vehicle allowances. The governing
board may require approval of other compensation such as non-State funded
discretionary funds, compensation from other employment or for service on a
corporate board of directors, and payment of dues or assessments for membership
in non-professional related clubs or associations. The governing board shall
report to the Chancellor any such compensation received by the president. If
the governing board and the president are seeking approval of deferred
compensation, the institution shall submit an actuarial report to the
Commission detailing the present cash value of the deferred compensation and
conditions for eligibility or receipt of the deferred compensation.
4.2. The governing board shall base the
president's total salary from all funding sources on a comparison of the
presidential salaries at comparably sized State institutions of higher
education with similar missions, or other national data sources which may be
utilized by the governing board, as appropriate, to establish salary
ranges.
4.3. If the governing board
and the president are seeking Commission approval of a presidential salary
increase in a percentage in excess of the average percentage salary increase
for all personnel at that institution within the last calendar year the
governing board shall submit to the Commission its detailed rationale
justifying the increase. If the percentage increase is exactly in the ratio of
compensation increases allocated to all institutional employees, the governing
board shall notify the Commission of the increase, but the Commission is not
required to approve or confirm it.
4.4. If an institution provides a president a
housing allowance instead of housing, the housing allowance may not be
considered part of the president's base salary for the purposes of Section 4.2
above.
4.5. Annually, the
Chancellor shall make available to the governing boards and Commission the most
recent College and University Professional Association for Human Resources
(CUPA-HR) or other comparable salary data applicable to their
institutions.
Notes
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