|
Joined: Oct 2005
Posts: 2,721
Campfire Regular
|
Campfire Regular
Joined: Oct 2005
Posts: 2,721 |
The pay comes out of stockholder pockets just like it University presidents' pay come out of taxpayer profits. Very symmetrical in that way. Ditto coach salaries.
If you think university administrators are overpaid, what do you think of coaches for football and basketball?
How much should the president of a university with, oh, let's say a $1B annual budget maybe 7K employees and 35K students be paid? What number would you feel is fair and honest?
Now Brent, I'm just sure you meant to say...."stockholder profits" and ....."taxpayer pockets".... It really grates on me to see put any other way
The things that come to those that wait may be the things left by those who got there first.
Unk
|
|
|
|
Joined: Sep 2009
Posts: 13,860
Campfire Outfitter
|
Campfire Outfitter
Joined: Sep 2009
Posts: 13,860 |
More of the big business-model of university management that was made popular in Reagan era. Lots of very highly paid administrators were one result. Zactly, Reagan caused the AIDS epidemic as well.....you silly mofo.
|
|
|
|
Joined: Jul 2011
Posts: 3,101
Campfire Tracker
|
Campfire Tracker
Joined: Jul 2011
Posts: 3,101 |
Bob liberals don't need facts to support their comments And pots will call kettles black!
|
|
|
|
Joined: Dec 2002
Posts: 2,464
Campfire Regular
|
Campfire Regular
Joined: Dec 2002
Posts: 2,464 |
As a Canadian I would bring more diversity, I should get the job.
|
|
|
|
Joined: Nov 2003
Posts: 28,411
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
affect not effect.
you must be a UC product, eh Your lack of caps and question mark indicates same.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
|
|
|
|
Joined: Jul 2006
Posts: 8,551
Campfire Outfitter
|
Campfire Outfitter
Joined: Jul 2006
Posts: 8,551 |
More of the big business-model of university management that was made popular in Reagan era. Lots of very highly paid administrators were one result. ............ An awfully hard reach methinks. And since it would be libs in charge of the whole decision process and the university, why are they following a long dead Republican president's big business model anyhoo? Is it because their hands haven't had a chance to smack themselves in their foreheads and realize it?
|
|
|
|
Joined: Sep 2004
Posts: 29,383
Campfire Ranger
|
Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
[quote=BrentD]The pay comes out of stockholder pockets just like it University presidents' pay come out of taxpayer profits. Very symmetrical in that way. Ditto coach salaries.
If you think university administrators are overpaid, what do you think of coaches for football and basketball?
How much should the president of a university with, oh, let's say a $1B annual budget maybe 7K employees and 35K students be paid? What number would you feel is fair and honest?
500K max . There are way too many bureaucrats in a layer over the people that do the grunt work(teachers) You ducked the question. 500K max . There are way too many bureaucrats in a layer over the people that do the actual grunt work(teachers. There job is to keep the university afloat , to make sure that students are properly taught by qualified individuals and to ensure the university is seen in the best possible light.
|
|
|
|
Joined: May 2003
Posts: 48,411
Campfire 'Bwana
|
OP
Campfire 'Bwana
Joined: May 2003
Posts: 48,411 |
The Reagan era model did not call for the extremes seen today in some situations. It called for paying someone according to what they contributed to the success of the organization.
in that case her salary should be zero....or maybe she should have to write a check.
Proudly representing oil companies, defense contractors, and firearms manufacturers since 1980. Because merchants of death need lawyers, too.
|
|
|
|
Joined: Feb 2004
Posts: 17,152 Likes: 5
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2004
Posts: 17,152 Likes: 5 |
I took my son on a tour of a major California university this summer. We never saw the computer lab but we did get to see where the vegan cafeteria was and heard more about diversity and inclusion than I could stomach. We happened to be out there so we thought what the heck let's go see one.
The girl giving the tour sounded functionally illiterate and it chapped my butt to think she probably was there on a full ride. How do think an incompetent like BO got elected?
|
|
|
|
Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
|
Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
In the private sector if there are no profits there is no executive compensation and pretty soon there are no executives and eventually no business.
I am truly amazed by the lack of appreciation for and the lack of understanding of Capitalism on this supposedly Conservative forum. I guess it is a product of Government schools.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
|
|
|
|
Joined: Nov 2007
Posts: 19,722
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2007
Posts: 19,722 |
In the private sector if there are no profits there is no executive compensation and pretty soon there are no executives and eventually no business.
Ever hear of a company called MCI they were losing their ass and their CEO got a bonus of $30,000,000. No there are gross problems in both the public and private sectors. But $250,000 to a race industry employee is a stretch. Because in the university setting you can bet there's a hell of a retirement that goes with that.
Last edited by 17ACKLEYBEE; 09/21/12.
NRA Lifetime Member
|
|
|
|
Joined: Apr 2010
Posts: 14,751 Likes: 4
Campfire Outfitter
|
Campfire Outfitter
Joined: Apr 2010
Posts: 14,751 Likes: 4 |
At the present state of USA education.....I'd say that a university president's salary along with the teacher's salaries would be overpaid at present minimum wage rates!
Even birds know not to land downwind!
|
|
|
|
Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
|
Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
A company can pay huge bonuses and high salaries while losing money if they have large reserves of cash and other assets without making a profit for some, maybe many years, depending on the amount of those reserves. How those reserves are spent is the decision of the board of directors. If it wants to piss it away on bonuses instead of putting it into plant and equipment so be it. No problem, but you might want to sell your stock (I would).
However, once those reserves are depleted and not replenished with profit the company goes bankrupt. This is a management issue not a Government issue and should be of no concern to anyone except the stockholders of that private company. In the normal course of events the company's stock would plummet and it would have difficulty raising capital because it doesn't have taxing power or a money printing press and it would cease to exist.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
|
|
|
|
Joined: Nov 2007
Posts: 19,722
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2007
Posts: 19,722 |
A company can pay huge bonuses and high salaries while losing money if they have large reserves of cash and other assets without making a profit for some, maybe many years, depending on the amount of those reserves. How those reserves are spent is the decision of the board of directors. If it wants to piss it away on bonuses instead of putting it into plant and equipment so be it. No problem, but you might want to sell your stock (I would).
However, once those reserves are depleted and not replenished with profit the company goes bankrupt. This is a management issue not a Government issue and should be of no concern to anyone except the stockholders of that private company. In the normal course of events the company's stock would plummet and it would have difficulty raising capital because it doesn't have taxing power or a money printing press and it would cease to exist.
Fact is those bonuses should have to be voted on by the share holders not a bunch of back slapping good ole boys.
Last edited by 17ACKLEYBEE; 09/21/12.
NRA Lifetime Member
|
|
|
|
Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
|
Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
I'm a card carrying Capitalist.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
|
|
|
|
Joined: Dec 2003
Posts: 17,239 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2003
Posts: 17,239 Likes: 2 |
That's great! Those kids better save their money while they are making it. Hard to think of a more boom and bust career than mining, esp. hard-rock metal mining. More power to them while it's booming! Sycamore
...Actually Sycamore, you are sort of right....
|
|
|
|
Joined: Sep 2008
Posts: 15,606 Likes: 8
Campfire Ranger
|
Campfire Ranger
Joined: Sep 2008
Posts: 15,606 Likes: 8 |
More of the big business-model of university management that was made popular in Reagan era. Lots of very highly paid administrators were one result. BrentD, the use of big business models for running universities is not a problem in itself. When applied properly and effectively on behalf of students and the overall health of the university, the business type model by far surpasses any archaic "collegial" and faculty-controlled models that have crippled the ability to innovate and improve at many institutions - and I did yet not mention inefficiency. Now, I have. Due to "academic models", many college/university presidents today are mere figureheads - gutless wonders spouting political correctness and providing little or no leadership for productive change. This ugly and outrageous situation at UCSD has NOTHING whatsoever to do with any big business model - a model eschewed by the UC system and its many feckless CEOs - and has everyting to do with political correctness and liberal agendas run amok. This kind of activity is a slap in the face to the public and the taxpayers who fund these shenanigans. Any true scholar (are there any left?) would be embarrassed by such egregious behavior and any scholar with a bit of courage would call it out for what it is. How many faculty at UCSD have done so? Hey - you live in the middle of this slop - and you want to try to blame this stupididty on a "business model"?
NRA Member - Life, Benefactor, Patron
|
|
|
|
Joined: Aug 2002
Posts: 37,960 Likes: 8
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Aug 2002
Posts: 37,960 Likes: 8 |
This ugly and outrageous situation at UCSD has NOTHING whatsoever to do with any big business model - a model eschewed by the UC system and its many feckless CEOs - and has everyting to do with political correctness and liberal agendas run amok. This kind of activity is a slap in the face to the public and the taxpayers who fund these shenanigans. Any true scholar (are there any left?) would be embarrassed by such egregious behavior and any scholar with a bit of courage would call it out for what it is. Well put. 'spect there's a lot of homosexuals in this deal, who tend to be educated, agenda-driven and not so much occupied with the business of raising a family that distracts most of us. Pretty much "diversity" and "homosexual" almost always go in the same paragraph anymore. Not being "phobic", just making an observation. As for faculty objecting, I expect the productive ones are a) very busy already without spending extra time protesting issues like this and b)aware of all the various and sundry forms retribution against them could take in an environment like that. I'd like to say this sort of thing was confined to the public sector, but I have a buddy who worked aircraft maintenance at at Boeing here and he had to deal with this sort of crap on the shop floor all the time. But then again Boeing does get government contracts and perhaps doesn't have so much competition in the usual sense of the word. Birdwatcher
"...if the gentlemen of Virginia shall send us a dozen of their sons, we would take great care in their education, instruct them in all we know, and make men of them." Canasatego 1744
|
|
|
|
Joined: Jun 2010
Posts: 3,529
Campfire Tracker
|
Campfire Tracker
Joined: Jun 2010
Posts: 3,529 |
They should just quite hiding their agenda and ban white males from admission to UCSD. It would be a lot cheaper and the other students wouldn't have to compete against those white devils. Besides, with their white male privilege they don't need college degrees, they can just go start companies like Apple, Microsoft, and Facebook.
|
|
|
|
Joined: Nov 2009
Posts: 10,364
Campfire Outfitter
|
Campfire Outfitter
Joined: Nov 2009
Posts: 10,364 |
That thing about Harvard grads making less than mining school grads probably doesn't apply ten or even five years out.
www.paracay.comIt's better to live rich than die rich. Live simply so that I may simply live large.
|
|
|
|
587 members (10Glocks, 12344mag, 16Racing, 1234, 160user, 10gaugeman, 63 invisible),
2,492
guests, and
1,316
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,194,346
Posts18,526,939
Members74,031
|
Most Online11,491 Jul 7th, 2023
|
|
|
|