LONG BRANCH: The Long Branch Board of Education (BOE) has approved a $165,000 annual salary for Superintendent Michael Salvatore, in a contract that will last through June 2019 and has less compensation than his 2011 contract.
Salvatore became superintendent for the Abbott district in 2011, and his previous contract from April 2011 paid him $175,000 annually in the last years of the contract, July 2012 through June 2015.
But the district renegotiated and also extended his contract as superintendent. Salvatore’s original contract was effective through June 2015, but the board voted in a new agreement May 28, spelling out the salary and benefits for the district’s top administrator. It became effective July 1.
The contract also adds a $2,500 high school salary increment, bringing Salvatore’s total salary for those positions to $167,500 annually.
There’s also a provision if he serves as the dual role of superintendent of the Deal school district, that Salvatore’s annual salary would increase to $177,500.
In the new contract, the superintendent will be entitled to 12 days of sick leave annually, and unused days can accrue into the following years. The payout of any accrued and unused sick days is $125 a day, up to $15,000. According to the district, Salvatore has accrued benefits including 207 sick days and 7 unused vacation days as of May 1.
The contract also spells out the number of vacation days for Salvatore, who is employed for 12 months of the year: 22 vacation days a year. There’s also 15 paid holidays per year, in addition to four floating holidays.
Fringe benefits include full family medical insurance coverage, a prescription drug card insurance program, dental insurance, and vision care coverage. Opting out of the coverage results in an annual payment of $100 to $1,000, respectively depending on which coverage he opts out of.
Salvatore’s contract also spells out fringe benefits such as tuition reimbursement, professional development, reimbursement of travel expenses and more.