October 24, 2008
Economic Crisis Takes Its Toll in Presidents' and Professors' Pay
- For the first time, the presidents of the University of Iowa, Iowa State University and the University of Northern Iowa will have their annual bonuses tied to performance goals that were determined by the presidents and the Iowa Board of Regents, The Chicago Tribune reports.
- Meanwhile yet another university system has opted to shelve raises for its top administrators, given the dismal economy. According to the Tuscaloosa News, the presidents of three University of Alabama campuses — Tuscaloosa, Birmingham, and Huntsville — won’t get pay hikes this year, though they’ll still be eligible for bonuses.
- It looks like professors at some state colleges and universities in Massachusetts and California can kiss their raises goodbye, too.
Comments
Commenting is closed for this article.
Previous: UGA Sacks Professor for Lying About Sex-Crime Conviction
Next: Hiring Freezes and Career Realignment
A pathetic and downright moronic choice to freeze faculty salaries- like it or hate it, the faculty is the core of an institution’s reputation. These misplaced priorities will further dismantle schools like UC Berkely, UMass, UCLA, once fine institutions which are falling further and further behind private institutions like Stanford, Chicago, Harvard and Duke. Can you believe only a decade or two ago these public institutions used to be called, with a straight face, ‘peers’ of those private, elite universities?
— CP Oct 29, 08:39 PM #