Monday, August 29, 2011

CA Superintendent Takes $800,000 Pay Cut to Save School Programs

“Where will the money come from?” That’s the question every superintendent and other school officials are asking as they try to find a way to keep the programs and jobs that are near extinction. While many school leaders might be looking within their already shrinking budgets, Fresno County School Superintendent Larry Powell is taking matters into his own hands . . . and out of his own pocket.

Until his term expires in 2015, Powell will run 325 schools and 35 school districts with 195,000 students, all for less than a starting California teacher earns. He asked his board to allow him to return $288,241 in salary and benefits for the next three and a half years of his term, equaling a total of $800,000. He technically retired, then agreed to be hired back to work for $31,000 a year — $10,000 less than a first-year teacher — and with no benefits.

To read the full article, click here.

2 comments:

  1. In some situation it can be a good solution. But I think that this remains one of the important problems in the society. Young specialists have no place to work due to such retires who stay at their working places for longer period. I understand all the benefits to schools that can pay lower salaries to such workers, but from the other side this problem causes a lot of difficulties for young generation. Young graduates have to take these payday loans available 24/7, because they have great student debts and no possibility to find appropriate job.

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  2. I don't think payday loan alternatives would be a good solution for the student debts. They can temporary help only for those who already have a job.

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