CSU continues to face criticism on executive pay
The Cal State University unveiled, last Thursday, an executive salary comparison list, meant to put “downward pressure” on its presidents’ salaries, but the 23-campus system is still facing criticism on how it pays its executives. Executive compensation at the CSU became a hot bed issue last July, after the university system approved a $400,000 salary for San Diego State University President Elliot Hirshman — a salary that will pay the SDSU executive $100,000 more than his predecessor. “This is a list that justified raises that were already in place,” said Brian Ferguson, a California Faculty Association spokesman. “[It is] creating a means to justify the ends.” Ferguson highlighted the fact that the CSU did not use a neutral third party to create the list, but the 23-campus system insists that this type of third party will be found in feedback from the state’s legislative analyst office and department of finance.
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by The Editor in Chief, The Daily 49er.