Retreat Rights For President’s & Chancellor’s

Posted By on August 17, 2009

Early last week I was reading An article title UNC system chancellors defend leave policy . This article talks about how people who take jobs as Chancellors or presidents have something call retreat rights, this policy basically ensures when a university president or chancellor is let Go from their position they have the right to retreat to a Tenured Faculty Position at 60% to 80% of their current pay. This is a common practice for university’s and college’s through out the United States.

Due to the fact that being a university chancellor or president is a highly political job and the average tenure is 3 to 5 years. It would almost be unconscionable for a person to take a position knowing this. Unless there were some kind of guarantee that they could still feed their families at the end of this period. This is where the concept of retreat rights comes from and allows a university or college president or chancellor to retreat back to being a Tenured Faculty member at the end of their presidency or chancellorship.

My question to the community is would you ever take a job if you knew at any point in time, someone can come in and relieve you of your job and you had no further rights or wait to feed your family?

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2 Responses to “Retreat Rights For President’s & Chancellor’s”

  1. Anonymous says:

    I see the other side too though…if state funds are tight and everyone else is getting booted without a nice package then why should taxpayers pay for this? I think the UNC System will have to go the non-state funds route. Lowering the exit package will lessen the incentives.

  2. I assume Chancellors live pretty high on the hog. If offered, I would take the job and simply live a simple life. I don’t need a big house or fancy car. One must learn to save for a rainy day. As I understand it, Chancellors do not pay for most of their expenses anyway.

    Additionally, the experience is priceless and, if let go, would lend itself to another job elsewhere.

    Just my 2 cents.