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Bonus fever: a university in Fl gives bonuses & tries to hide them!

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Sancho Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-17-09 08:56 AM
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Bonus fever: a university in Fl gives bonuses & tries to hide them!
After a public announcement from the President that there will be no pay raises, she secretly gives bonuses to administration and gets outed!

http://www.tampabay.com/opinion/editorials/article983876.ece

A Times Editorial
Cringing at USF bonuses
In Print: Monday, March 16, 2009

University of South Florida president Judy Genshaft must know
that appearances can be as important as reality. Surely, she
knew this when she handed out hefty bonuses to four top staff
members - after the university had slashed millions from the
budget, frozen salaries and ordered big layoffs. Three of those
staff members report directly to the president. During these hard
economic times, everyone at USF should share the pain.
Genshaft, along with her advisers, deserve all the criticism they
are getting for this insensitive move.

--snip---

When word of the bonuses and Klasko's raise got out, faculty and
staff were understandably angry and disappointed. After all, they
had seen 450 staff and nontenured teaching jobs eliminated as a
result of a $52 million cut in the budget since 2007. The faculty
had recently negotiated a contract that awarded them a 2 percent
raise and a tiny pool of merit pay. Faculty leaders and others say
the size of the bonuses shows the university's willingness to
reward an elite few while disregarding other employees who
perform vital duties. Sherman Dorn, leader of the faculty union,
said he is concerned that the bonuses would hurt morale. Bill
McClelland, head of the union that represents staff members, said
the bonuses were a slap in the face. Many of the union's
members could qualify for food stamps.

--snip---



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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-17-09 09:03 AM
Response to Original message
1. The working class is beginning to get really pissed off at stuff like this...
...and, it's about damned time.
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