Should the University of California Cap It’s Pay at Half a Million?
California Assemblymember Roger Hernández, a Democrat representing West Covina, has introduced a bill that would put a $500,000 cap on the maximum allowable compensation paid to University of California employees. Approximately 387 employees of UC currently earn more than half a million dollars in base pay and bonuses (as of 2013, the most recent year for which information has been made available by UC). There are 139,000 UC employees in total, so the rule would limit pay for less than 0.3 percent of UC’s workforce. But it’s possible the rule could apply to only a fraction of this 0.3 percent because many of UC’s top earners are paid from sources other than the state.
Read full article [here].
by Darwin BondGraham, The East Bay Express.