A Pricey - And Familiar - Perk For New UMass Head

Ann McClure's picture
Monday, February 6, 2012

The University of Massachusetts has promised its new president, Robert Caret, a sabbatical of up to one year at his full presidential salary when he steps down, a controversial perk like the one awarded to his predecessor, Jack Wilson.

In addition, UMass is considering providing similar sabbaticals to outgoing chancellors of the UMass campuses, a benefit university officials called common in academia but that appears to be more generous than is offered by many other public colleges. UMass has promised chancellors yearlong sabbaticals if they return to teaching, but has not specified the pay.

Caret’s employment agreement guarantees him a six-month sabbatical if he remains on the job for three years and a yearlong sabbatical if he stays for five years. Caret earns $425,000, but his contract, signed last year, calls for raises of $25,000 in each of the next two years.

The contract also provides for a $60,000 housing allowance, a $63,750 retirement annuity, an additional $250,000 in deferred compensation set aside over the next three years, and annual performance bonuses of up to 15 percent of his salary.

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