Buy a Piece of Power
By: Mr. Wilson on
September 5, 2008
When I first heard yesterday that the NU regents will vote today on privately funding some NU administrators' salaries, I thought to myself that it seemed like a potentially dangerous step. I decided to withhold judgment overnight to give myself some time to think about it.
Well, it's morning, and I still don't like it. The plus side seems to be that certain top dogs' salaries will increase without any extra tax dollars, making the salaries more competitive with peer salaries. On the flip side, introducing private funds into the salaries of public employees -- with barely any opportunity for public input -- increases the potential for shenanigans. Even the perception that private dollars are buying influence over the administrators would be damaging to the University. (Sure, that perception already exists, but do we need to make it worse?)
This is just a simple, quick look at the proposal. Most of you, like me, have barely had any time to think about this idea. What are your initial impressions?