California Conservative

S.F. Chronicle reports: “When the University of California hired David Kessler as dean of the UCSF School of Medicine two years ago, the university announced he would receive “total compensation” of $540,000 a year.

Turns out he actually got much more.”

Who says not enough money in education?

In addition to salaries and overtime, payroll records obtained by The Chronicle show that employees received a total of $871 million in bonuses, administrative stipends, relocation packages and other forms of cash compensation last fiscal year. That was more than enough to cover the 79 percent hike in student fees that UC has imposed over the past few years.

The bulk of the last year’s extra compensation, roughly $599 million, went to more than 8,500 employees who each got at least $20,000 over their regular salaries. And that doesn’t include an impressive array of other perks for selected top administrators, ranging from free housing to concert tickets.

Let’s not even talk about teacher tenure.

And Arnold wept…

This entry was posted on Sunday, November 13th, 2005 at 8:55 pm and is filed under Academia, California, Special Interests. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.