Friday, August 07, 2009

Execs still get raises as UC cuts staffing, pay

The San Francisco Chronicle reports:
On the same July day that the UC Board of Regents cut $813 million from UC budgets - setting in motion pay cuts, layoffs and campus cutbacks - the board quietly approved pay raises, stipends and other benefits for more than two dozen executives.

University officials were quick to characterize the increased pay in a positive light.

"It's really a story about cost savings," said Barbara French, a UCSF spokeswoman, adding that three people on her campus who won hefty pay increases took on new duties and deserved to be compensated.

French said they are all filling in for Chief Operating Officer Tomi Ryba, who left in January and was not replaced, hence the savings. She earned $547,600.
Great moments in public education!