Survey says companies are cutting pay

This may not be the year to ask for a raise. More than 62 percent of companies in Richmond have reduced staff costs in response to the economic downturn, according to a recent survey.

VCU and UVA presidents make more than the median for a prez

It’s good to be the King. Or the president of a public university. The median salary for a public university president rose to $427,400 according to a recently-completed survey by the Chronicle of Higher Education. You can read the Bloomberg story here. UVA’s President John Casteen was the fourth highest paid president of a public… Read more »

Highest Paid Execs in Richmond

Thirteen out of the top 40 highest paid executives of publicly traded companies are based in Richmond, according to the most recent issue of Virginia Business magazine. The following figures are total annual compensation and only for companies with at least $1 billion in revenue: Louis Camilleri of Altria: $24 million Thomas Farrell, Dominion Resources:… Read more »

UVA grads make more than VT grads; both earn more than VCU grads

Where you go to college can have a huge effect on how much you make over your career, even more than your major. The differences get magnified later in life. A yearlong study conducted by the compensation company PayScale Inc. found that Virginia Tech grads earned more upon graduating than UVA grads. But after ten… Read more »