CSU president pay needs help
May 8, 2012
Trustees of the California State Universities have decided to stifle a new policy granting school presidents a 10 percent raise in the face of mounting public pressure. But they will seek to have the difference made up by contributions from school-connected nonprofit groups.
Following months of heated public debate, the trustees decided that this is a bad time to give the raises, as tuition costs have been raised, professors’ pay frozen, and reductions made in enrollment as part of cost-cutting efforts.
The additional salary boosts for presidents of the 23-school system will be covered by so-called “auxiliaries” which include everything from campus bookstores to student newspapers to privately-funded foundations.
Those auxiliaries would not be limited in the amount they could give to a campus president, according to the new policy.
CSU Chancellor Charles Reed defended the action, saying the system needs to offer “competitive” pay to attract “top talent.”.