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Wednesday, September 14, 2011

Look for UC Exec Pay Headlines Soon

The Regents are meeting this week. (We expect to have the audio of the prior meeting up soon on this site. Eventually, we will have the audio for this one, too.) Anyway, look for headlines about senior executive pay at UC in the next day or so. One of the items on the Regents’ agenda today:

The last comprehensive study conducted on compensation for chancellors was completed in 2008. Given changes in market hiring practices, due to the mounting economic pressures on universities nationwide to watch expenses while still recruiting and retaining leadership, an updated comprehensive study of chancellors’ pay is necessary. Pursuant to a request by the Chair and Vice Chair of the Regents’ Committee on Compensation, the Office of the President intends to undertake a comprehensive review of the compensation paid to chancellors at other universities. Once the study and analysis is finalized, the details will be presented in open session at a meeting of the Board of Regents in 2012.

From http://www.universityofcalifornia.edu/regents/regmeet/sept11/c1.pdf

Tomorrow’s meeting will include pay decisions for various senior execs. Those decisions – technically recommendations - are to be approved today in closed session. At tomorrow’s open session, they will be revealed.

A blog from the Sacramento Bee reports:

… Sen. Leland Yee, D-San Francisco, goes before the University of California Board of Regents this morning to deliver a letter from lawmakers asking the regents to use money earmarked in the state budget to keep low-wage workers out of poverty. Workers and students will also be taking the message this evening to San Francisco's Kokkari restaurant, co-owned by regent George Marcus.

Note: Yee is running for mayor of San Francisco. News reports suggest he is in an uphill battle with the incumbent mayor.

The full item – which includes other news – is at http://blogs.sacbee.com/capitolalertlatest/2011/09/am-alert-jerry-brown-fitness-medal-of-valor-nurses.html

We will keep you posted on other Regents items that may emerge. In the meantime:

Update: Here are the pay boosts http://blogs.sacbee.com/capitolalertlatest/2011/09/uc-panel-approves-raises-for-h.html

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