Tuesday, September 18, 2007

CSU Executive Raises 2005-2007: 13.7%, 4%, 11.8%?

FY 2005-06: Average 13.7% raise, increased housing and car allowances
In October 2005, the Board of Trustees approved raises averaging 13.7% for CSU system executives and campus presidents, retroactive to July 1, 2005. The trustees also increased housing allowances to $50,000 and $60,000 per year for presidents without official campus residences, and increased the car allowance for CSU system executives and campus presidents to $1000 per month.

FY 2006-07: 4% across the board
In January 2007, the Board of Trustees approved across the board salary increases of 4% for CSU system executives and campus presidents, retroactive to July 1, 2006.

FY 2007-08: Average 11.8%?
Today, with CSUEU-CSU bargaining at impasse after a single meeting, the CSU will again propose a generous salary increase for top system executives and campus presidents, averaging 11.8% and retroactive to July 1, 2007. Will the Board of Trustees fall for the Chancellor's "poor underpaid executives" ploy again? Is another large raise for executives who are already very well compensated the best use of limited funds?

Email the Board now.
If you are tired of seeing top executives get large increases to already-high salaries, while the CSU won't even bargain seriously with staff, take a few minutes to email the Board of Trustees and the Chancellor (csu-chancellor@calstate.edu and creed@calstate.edu).

Previously:
Black Tuesday, Email Campaign, and Protest: What are you doing?
Chapter 316 Action: Email Campaign to Board of Trustees and Black Tuesday
CSU Set to Increase Executive Pay Again

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