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CW Employee Pay Reductions Only Temporary

The pay cuts to Colonial Williamsburg administrators enacted two years ago were limited to a year, after which their pay was restored.

The sluggish economy led CW President Colin Campbell to announce in 2009 that he would cut his salary by 10 percent and other administrative employees’ salaries by five percent. At the time, Campbell also announced furloughs for other salaried employees, bring their take-home pay down 2.5 percent; months earlier, CW said it planned to cut 140 positions and also keep an additional 140 vacant positions open.

Administrators’ pay reduction ran from April 1, 2009, through March 31, 2010, according to CW spokesman Tom Shrout, after which pay was restored and furloughs ended. There were no general salary or wage rate increases for employees of the Colonial Williamsburg Foundation in 2009 or 2010, he noted.

According to the Foundation’s 2010 tax forms available this month, between 2008 and 2009, the number of people employed dropped by 250. Between 2009 and 2010, that number dropped another 60. Overall, Foundation revenues less expenses dropped about $15 million (note: CW’s nonprofit side, the Foundation, is separate from its for-profit side. The for-profit records aren’t available for public consumption).

Though salaries, other compensation and benefits for employees overall dropped $3.68 million in 2010, the salaries, compensation and benefits of the 16 highest-paid employees increased slightly, by $226,147 total, due to the pay decrease ending and one retiring employee who received additional compensation. Katharine Whitehead, who retired in 2011 after many years of service, received approximately $140,000 in “other compensation” in 2010, bringing her salary and all other compensation and benefits to $422,484.

The 16 top-paid employees earned a total of $4.42 million in 2010.

In 2009, these employees’ earnings comprised roughly 6.8 percent of all employee earnings that year. In 2010, their earnings were 7.6 percent.

Campbell’s base salary in 2008 was $601,025; including other compensation, nontaxable benefits, and other compensation he earned $733,990. In 2009, his pay dipped to $567,146 ($687,508 with all the perks), and in 2010 it was $583,603 ($715,174 with perks).

CW’s Senior Vice President for Finance and Administration Robert Taylor, the second-highest paid employee behind Campbell, earned a base salary of $304,001 and a combined total with perks of $440,027.

Comments  

 
+7 #4 Charlie 2011-11-28 09:41
James City County employees geet a bonus and CW get a "boneless."
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+9 #3 concerned in toano 2011-11-28 09:10
While I agree that the CW executive compensation is ridiculous, I fear that, just as in the rest of the country, those at the bottom (my family included) will suffer, while the executives continue to collect their salaries without a care as to the welfare of their employees. Perhaps we need to Occupy CW!?!
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+26 #2 Me 2 2011-11-27 09:27
I have to agree with Hopley on this one. The Jamestown-Yorkt own Foundation seems to be run better and can use the $$ since they don't have a billion dollar endowment. Until there is some major change in the administration and operation of CW, they have seen my last dollar.
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+42 #1 Hopley Yeaton 2011-11-25 06:58
The salaries of the executives at CW are outrageous and exceed the compensation package paid to executives in the private sector who run similar sized enterprises. Methinks I will shift my charitable giving away from CW to the Jamestown - Yorktown Foundation where my donation will go to better use.
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