What's a Performing Arts Executive Worth?
Thursday, September 15, 2011
As orchestras, opera companies and presenters wrestle with declines in funding and ticket sales, some have cut back on the number of full-time musicians they employ, others have reduced salaries. With those measures come questions of wage parity. How much money should the head of a major performing arts organization be paid? And should executives be paid less for failing to keep finances afloat -- or more, since managing such a crisis is tough?
In this podcast, host Jeff Spurgeon poses these and other questions to two expects: Drew McManus, an orchestra consultant and author of the blog Adaptistration.com, which compiles an annual compensation report of orchestra executives; and Debra Oppenheim, the co-founder of Phillips Oppenheim, an executive search firm that specializes in arts institutions.
Weigh in: What do you think is a fair salary for a top executive the classical music business? Please share your thoughts.
Podcast producer: Brian Wise; Engineer: George Wellington