Illustration by Juhye Bak/The Bulletin.
Last week the Board of Regents placed a salary cap on three collegiate presidents including President Lane. Lane’s salary current salary is $202,540 with a compensation cap at $213,200. The freeze was brought on by the state in light of the current budget situation, in an effort to maintain a fair balance between state employees.
We salute the Board of Regents for taking action in regards to the economy.
We live in an age of mass corporate greed and corruption, and layoffs are occurring everywhere you look – except at the top levels. CEOs are taking bonuses and raises with no concern for the employees they are pushing into financial ruin. The country is lacking in fiscal responsibility and it’s time to for someone to step forward as a positive example.
The Board of Regents made the decision as a symbol of solidarity between the schools and the faculty within them. While we appreciate the gesture, we hope that the Regents have more in store for restoring economic stability to the state. Capping salaries will only do so much in the long run to battle the deficit, so we are hoping this is just the first in many steps that will be forthcoming in the near future.
CEOs who are taking more than they deserve for mansions and corporate jets should pay attention to those working at the state level. They might feel like they are coming out ahead now, but the bad apples are always spotted and eventually chucked out.
In the not too near future, once the economy has evened itself out and the country has returned to a state of normalcy, those who are fiscally responsible will be remembered as leaders who took the necessary actions to ensure the campus would continue to grow and flourish.
While the idea for the salary cap was not his idea, Lane has accepted this freeze. He said he believes it will be in the best interests of the school and the state if the cap continues until a stronger budget appears.
Lane, along with the other Kansas Regents collegiate presidents, is leading the way into a positive future through his leadership and principles. Lane realizes that he must be held accountable for his actions as leader of the school. Many would be upset to see him receiving raises while other faculty members are taking cuts in pay, possibly losing their jobs altogether or staying unemployed because of hiring freezes.
In the end, the Board of Regents’ actions remind us what college is supposed to be about – not pay raises and bonuses, not ‘hirings and firings,’ but education. By capping his pay, and that of the other university presidents, the Board of Regents is letting us get back to the most important things so that we can succeed in the future.
-The Bulletin staff
POST EXCHANGES PLAN CHANGES FOR 2011
US Fed News Service, Including US State News February 1, 2011 DALLAS, Feb. 1 — The U.
S. Army issued the following news release:
The Army & Air Force Exchange Service is planning a host of initiatives for the upcoming year to include more concept shops, beauty bars and PowerZone electronics.
The popularity of concept shops continues to grow as 42 were opened on Army and Air Force installations in 2010. Based on the success of shops such as Izod, Michael Kors, Lauren Ralph Lauren, Vera Bradley and Pink by Victoria’s Secret’s, more than 20 additional concept shops are scheduled to open this year, giving military shoppers even more options to exercise their Exchange benefit. this web site vera bradley coupon code
On the health and beauty side, the Exchange plans to continue the expansion of its “Beauty Bar” concept. Featuring onsite makeup artists and skin care consultants, Beauty Bars include innovative brands of prestige cosmetics to meet the needs of young women ages 18-28 and women with darker skin tones.
With 23 locations opened since its 2009 launch, an additional 16 Beauty Bars are coming to Army and Air Force Exchanges in 2011. The men’s “Grooming Bar,” which features shaving and skin-care products, will also continue expanding this year after the successful roll out of six locations in 2010.
The Exchange is expanding its toning/shape-up shoe category as well. AAFES added Fila and Reebok last year to bring the total to four brands offered in the category. Nike will be added to the stock assortment in 2011 along with toning flip-flops and sandals.
The Exchange is helping shoppers complete their look as it updates and adds new, trendy fashion jewelry. New brands are being added to include popping seasonal colors as well as “must haves” such as hoop earrings, stretch rings with a variety of bold colors and y-neck necklaces with fringes. web site vera bradley coupon code
The days of the simple electronics counter are no more as the Exchange’s PowerZones continue to evolve. 2011 will see the introduction and expansion of new products and consumer technologies to include iPads, computer tablets, netbooks, eReaders and their accessories.
Finally, two successful initiatives that help military shoppers save through social media sites will enjoy high visibility in 2011. Shoppers who follow the Exchange’s Facebook page at “AAFES, Your Military BX/PX” and those who have opted-in to the Mobile Marketing program by texting “EXCHANGE” to 95613 will continue to receive coupons through those venues.
For 2011, coupons on diapers, toiletries, household cleaning products, paper products and snacks are just a few of the offers coming to users’ “walls” and phones. The Price Cut program offers frequently purchased items offered at a lower price for a limited time. While a majority of these products include health and beauty care, more snacking items and candies will be added in 2011. For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com
Loading ...
…sooooo total the total compensation package for the prez of esu is a cool $415k? hmmmm…with the average manufacturing job at about $40k per year that’s a multiple of 10. is that about the same as the “greedy” ceo’s of evil corporations?