Regents award pay hikes to some employees
Even with the proposed $500 million budget cut, the UC Regents approved $4 million in bonuses and pay increase for UC employees at the Regents meeting Thursday in UC San Diego. Steve Montiel, a spokesman for the university defends the pay hikes and states, “Whether a budget crisis or not, the university still has to be able to pay competitive salaries and incentives consistent with industry standards. The university has no problem paying incentives to be competitive.” Moreover, it was said that the rewards were given to those employees who met their targets for saving money and streamlining procedures. However, many argue that the allocation of the money has been inconsistent due to the recent budget cuts.
Read full story here: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/01/20/MN0O1HC6RT.DTL
Budget cuts possible to change your options
With the proposed budget, there is no real funding to facilitate much growth among any public college and university. The Cal States are now unable to increase its enrollment while the UCs won’t be able to keep their enrollment levels steady. Moreover, different campuses have also begun decreasing its athletic programs. With the new changes in the higher education system, more high school graduates are likely to go to community colleges, which are already experiencing over-enrollment.
Find out how the changes brought forth by the new budget crisis can affect you: http://articles.dailypilot.com/2011-01-22/news/tn-dpt-0123-mclaughlin-20110122_1_colleges-offer-budget-cuts-private-universities