Title: Higher Education / Bonuses for top MnSCU staff knocked
Source: http://www.twincities.com/ci_13362749
Leaders of the Minnesota State Colleges and University System has been paid $287,500 in bonuses in a time where staff are experiencing pay cuts and layoffs and students are experiencing skyrocketing tuition increases. The Chancellor of MNSCU, James McCormick, received the largest bonus of $32,000. Other top executives were paid a bonus between $3,000 to $15,000.
Leaders of the American Federation of State, County and Municipal Employees said "people (members of AFSCME) are very appalled by this." Members took pay freezes, 60 people were let go and 550 system jobs were either left open or eliminated because of declines in funding.
The Pioneer Press published a list of who made what in bonuses. http://www.twincities.com/ci_13359505?IADID.
As for what I have to say about this: Pretty much what other students and staff say: This stinks. My fellow students at Inver Hills are not happy regarding the bonuses our president took and other presidents, along with top leaders. Funny how their pay increases while everyone else is suffering either from tuition increases or layoffs. I was talking to my dad about this and we agreed when he said "must be nice they can write their own contracts".
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Hi Kevin--
ReplyDeleteYou've made an excellent case. Bonuses for MnSCU's leaders don't seem right when other employees have taken the hits for the budget cuts. Plus, students have been affected as well due to larger classrooms.
Interestingly, Chancellor McCormick also got a $20,000 bonus last year.
true grimes
Good job on this summary. I didn't have to guess at what the most important information was about this news story. I also found it very interesting to read.
ReplyDeleteThis is unfortunate that the staff are loosing jobs and experiencing freezes on their pay. Some people have no sense of compassion. It should be obvious to the top leaders that people are suffering in the economy and be inclined to help them in any way possible, instead they are eliminating their jobs and making themselves richer. Where's the love?
ReplyDeleteThat act seems nearly criminal.However I can't help asking myself how many leaders this was split up between, and if this is paid to them to make up for the extra work they have to do.
ReplyDeleteGrade: 9.5/10
ReplyDeleteMistake: Leaders/have not Leaders/has