News for hackers. Stuff that matters.

A comment on Teaching college is no longer a middle-class job, and everyone should care. Parent comment

Re:Teaching college is no longer a middle-class job, and eve... by dustcoin on Friday June 20, 2014 @09:42PM (#7923822)
UChicago spent $446M on academic salaries, $889M on staff salaries and $338M on benefits (not broken out into academic vs non-academic) in the the 2011-2012 fiscal year that Zimmer's compensation temporarily spiked to $3M. It is safe to say that over $1B was spent on non-academic salary and benefits (administration), which dwarfs both Zimmer's compensation and the $3M operating deficit.

http://finserv.uchicago.edu/pdf/2012FinState.pdf

[ Parent | on HN ]
Re:Teaching college is no longer a middle-class job, and eve... by ForHackernews on Friday June 20, 2014 @09:46PM (#7923834)
Yes, you're correct that Zimmer's compensation is less than the total salaries of every other person employed by the university.

I guess we can argue about the meaning of the word "significant" now.

[ Parent | on HN ]