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Cal State trustees to revisit president pay policy
Posted: May 7, 2012 10:36 AM by The Associated Press
LOS ANGELES (AP) - California State University trustees are backing off a policy giving 10 percent raises to campus presidents, but there's a catch: They'll ask campus nonprofit groups to pick up the tab.
The board is expected to amend the executive compensation policy at its meeting Tuesday after months of outrage from faculty, students and lawmakers over giving salary boosts to the 23-campus system's highest-paid employees.
Under the proposed amendment, new presidents could still receive higher pay than their predecessors, but the amount of the raise would be paid for by campus nonprofit groups, such as foundations.
CSU spokesman Mike Uhlenkamp says the raises would not take away money destined for scholarships. Uhlenkamp says the university needs to offer competitive salaries to fill six upcoming president vacancies.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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