Last Thursday, regents hiked salaries by 3 percent for its top-paid executives. The new salaries range from $231,000 to $991,000. In solidarity with a labor-union campaign to boost the minimum wage across the country, regents approved a $15 minimum for all UC employees – including part-time workers and contractors. The net cost: $14 million a year. “The University of California’s mission statement proclaims that one of its fundamental missions is teaching and creating ‘an educated workforce that keeps the California economy competitive,'” noted Assembly Republican Leader Kristin Olsen of Modesto, in a July 22 letter to Napolitano. “How does your decision today help California students achieve this mission?”

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by Steven Greenhut, Reason Mgazine.

Posted: August 9th, 2015, by: admin. Categories: . Awaiting Comments.