The California State University board of trustees on Wednesday capped salaries of newly hired campus presidents at $325,000 after an outcry over a $400,000 pay package approved for a new president last year when tuition shot up 12 percent. The new policy will establish a salary ceiling of $325,000 or raise the salary by no more than 10 percent of the pay received by the outgoing president...
Full story at http://www.sacbee.com/2012/01/25/4214329/csu-trustees-consider-capping.html
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