Those on the left who wail incessantly about “income inequality” need look no further than California academia. While the left focuses like a laser beam on private sector CEO salaries, the salaries in government and state run academia are soaring.
There’s no risk being a public official; the real risk belongs to CEO’s who can be tossed out of their jobs on the whim of boards of directors. Private sector employees are subject to performance reviews and standards — it’s called merit. When was the last time anyone in government was terminated for poor performance? The faulty Oakland Bay bridge… no heads have rolled yet on that.
Income Inequality Belongs to California Academia
The UC Regents approved 3 percent raises for 15 of the University of California’s highest-paid executives. The new pay scale for the five UC chancellors are: $772,500 for UC San Francisco’s Samuel Hawgood; $516,446 for UC Berkeley’s Nicholas Dirks; $441,334 for UCLA’s Gene Block; $436,120 for UC San Diego’s Pradeep Khosla; and $424,360 for UC Davis’ Linda… Read More