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Wow…I bet they had to give him a significant boost in pay. The cost of living differences between Texas and the Bay Area are significant.
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<p>The ironic thing is that pay is one of the potential stumbling blocks… because Yudof currently makes ~$300K MORE than Dynes. California needs to at least match that, and then as you said, probably factor in some sort of cost of living adjustment for the California move on top of that so that it is isn’t a salary decrease. I doubt legislators would support anything near a $1 million salary, especially considering the past compensation issues and current budget issues. Could get interesting!</p>
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Yudof’s salary last year at Texas was $476,400, but deferred compensation and other benefits brought his total compensation to $742,209, according to a survey by the Chronicle of Higher Education. Dynes’ salary was $405,000, and his total compensation was not much more at $421,000, the UC reported.</p>
<p>The issue of high pay could be controversial because the next UC president will be walking into a state budget crisis. The university is considering cutbacks in staff and a hike in student fees, actions sure to provoke protests. This week the university announced a plan to reduce the budget of UC president’s office.
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<p><a href=“Head of Texas system coming to UC? – The Mercury News”>Head of Texas system coming to UC? – The Mercury News;