University President Takes $90,000 Pay Cut to Give a Raise to His Minimum Wage Workers

Thank you Mr. Burse for being decent person.

http://www.slate.com/blogs/the_slatest/2014/08/04/university_president_takes_90_000_pay_cut_to_improve_minimum_wage.html

By Elliot Hannon

Raymond Burse recently took over as president of Kentucky State University. With the job—which Burse will do on an interim basis for a year—comes a nice little paycheck to the tune of almost $350,000. Burse, however, took the selfless, and unusual, step of giving himself a $90,000 pay cut so that the lowest paid employees at the university—clocking in at $7.25 an hour—could have their wages increased to a more livable $10.25, the Lexington Herald-Leader reports.

"This is not a publicity stunt," Burse told the Herald-Leader. "You don't give up $90,000 for publicity. I did this for the people. This is something I've been thinking about from the very beginning." Burse said he was in a position to spread the wealth after a career that included a previous stint as president of Kentucky State University in the 1980s, and a decade as a senior executive at General Electric. "My whole thing is I don't need to work," Burse told the Herald-Leader. "This is not a hobby, but in terms of the people who do the hard work and heavy lifting, they are at the lower pay scale."


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