Senior management pay frozen

UC Regents voted Jan. 14 to freeze the salaries of 285 top administrators.

The pay freeze, which UC President Mark Yudof proposed to cope with a dwindling state budget, was effective immediately and will last through the 2009-10 fiscal year. Incumbents in 85 senior executive positions will be ineligible for any merit, equity or retention increases. They include President Yudof, the 10 chancellors, vice chancellors and vice presidents, medical center CEOs, the UC chief investment officer, the chief compliance and audit officer, and the general counsel.

For the remaining 200 systemwide senior management positions, the same pay freeze applies although retention and promotional increases could be considered on a case-by-case basis.

The pay freeze is the latest university cost-saving initiative. The UC Office of the President has trimmed more than $60.4 million from its current operating budget through administrative efficiencies, travel and purchasing restrictions and staff downsizing.