Hi Kurt,
Attached please find a benchmark analysis on the salaries and benefits of NJ superintendents I conducted. Please post this on your blog for discussion and feel free to add your own editorial comment to it.
Please note that I posted this analysis also on the HobokenRevolt site with the following short introduction:
"As reported in various media outlets, the Hoboken BoE offered the position of Hoboken Superintendent of Schools to Dr. Frank Romano. Apparently, the yearly salary offered is $190,000. Knowing that this is more than the $182,000 that former Hoboken Superintendent of Schools Raslowski was paid in the 2008/2009 school year, I decided to conduct a small benchmark analysis on the salaries and benefits of superintendents in the state of NJ. The data were taken from the website of the NJ Department of Education:
http://www.nj.gov/education/finance/fp/ufb/index.shtml#salary
While I do not know what benefits were offered to the incoming Hoboken superintendent, the data for the previous one were quite amazing. What a stunning combination of overcompensation and underperformance! This begs the following question:
How much is too much?"
Best regards,
Sven
Below is Sven's Analysis:
My Comment: Had Jack Raslowsky stayed on as the Superintendent of Schools for this year his salary would have been $189,600 according to a source of mine. So for $400 a year more we got a new Superintendent of Schools (Frank) with 18 years of relevent experience and the approproate certifications versus none for his predecessor (Jack). If he works out and improves the schools he will be worth every penny. If not then he would be a not so good to bad hire that came in at what the market dictates for a Superintendent in this situation. Sure, I will would liked that salary to come in a little lower ($170K range) but such is the nature of negotiations. ◦
