Earlham College has 141 employees per 100 students, far above the median of 61, and consistently spends more on payroll than peer institutions. Many colleges are shrinking enrollment without cutting staff, creating millions in excess costs. Benchmarking against peer percentiles reveals where staffing is bloated.
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I think I want to do, actually, let's do FTE. Sorry. Yeah. Salary benefits. Let's do millions and then I can do this per FTE. Yeah. All right. I was talking about keeping it constant relative to the size of the school. So here's Earlham again. They've always had this really high staffing number or payroll expense relative to the size of the school. And again, they could do that because they have this big endowment. Right. But. It's, it's very, very high. Again, this is 75th percentile and it's gotten much, much higher even recently. So basically what appears to be happening is schools shrinking and they're not shrinking the size of the, the size of the staff, right? It's just kind of staying constant here, which is potentially problematic. So you could argue that there's a there's a staffing issue. Let's take a look at the number of employees, employees relative to FTE. Yeah, again, they have— so here's again, we looked at a school last week that had more employees than it does students, and Earlham's in that boat. They have 141 employees per 100 students. That's not normal, right? Even the 75th percentile is 86 employees per 100. The median's 61. So again, just way off there. And we can look at higher paid employees. And it appears again, Earlham, they have not only high number of employees, but they have a lot of the employees that are paid above $100K, right? It's just well above the norm here. Again, this is 75th percentile. But see, Valparaiso is still in that boat too, right? They're a bit high. Better. You're, you're talking about tens of millions here potentially, just having, you know, you can do the math. You have 10 more people than normal at $100K. You can do the math right there. That's, uh, a million dollars, right?