An employee’s base compensation refers to an employee’s compensation before including bonuses, employers’ contributions to retirement funds, benefits, expenses that the college spends on that employee or any additional form of pay.
In 2020 — the same year that IC began the process of eliminating 116 faculty members — former President Shirley Collado’s reportable compensation jumped from $583,872 in 2019 to $723,985.
On May 17, over 10 days after the publication of the story, “After saying her salary would freeze, President Collado’s compensation rose,” Ithaca College leadership reached out to The Ithacan, calling...