Friday, June 26, 2009

Pay Cut of the Day

During this recession, many corporations – and we know how UCF loves to fancy themselves a corporation – have resorted to pay cuts. Here’s somebody that could stand a pay cut. Robert Holmes, head of the UCF foundation, makes 225K year. This is over double what he made ten years ago.

During the good times, there was a consistent trend at UCF to give extraordinary raises to high level administrators (Holmes isn’t an isolated example). I wonder how many USPS employees have doubled their salary in the last decade at UCF.