[T]hey could achieve $260 million in savings simply by bringing UC’s management ratios in line with best practices, from 7-to-1 to 8-to-1. They write, "An analysis of UC’s payroll data reveals the system-wide ratio of non-management employees to management is about 7-to-1. In contrast, the Texas state government, where UC President Yudof formerly worked at the University of Texas, mandates a worker-to-management ratio of 11-to-1." … They also find that more than $20 million in savings could be achieved by eliminating extra perks for 1,000 of UC’s highest paid. Senior managers receive a number of supplemental health, welfare, and retirement benefits.

Read full article [here].
by David Greenwald , The Davis Vanguard.

Posted: May 29th, 2011, by: admin. Categories: . Awaiting Comments.