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Pay too high
0 Comments | Oakland Tribune, May 26, 2009 | by Anonymous
Pay too high
Lawrence Pitts writes that the lavish salaries given to the new chancellors for UC San Francisco and UC Davis are justified. Hogwash!
I am sure there are many qualified candidates who would have been delighted to take the jobs at a mere $300,000. These salary grants are just more examples of the people at the top of the salary food chain scratching one another's backs.
It's sad to see our public institutions following the examples of the private sector where "benchmarking" has been used by consultants to justify the outsized pay packages of so many CEOs. In these difficult financial times these pay grants are immoral.
James P. Tuthill
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