8/08/2014

Paying it Forward: Why This University President Gave Up a Quarter of His Salary


As the debate over the national minimum wage rages on, one man has decided to take action on his own.

Raymond Burse, the interim president of Kentucky State University, has decided to take a $90,000 pay cut to boost the wages of the campus’s lowest-paid workers, reports the Lexington Herald-Leader.

Burse, who was set to make $349,869, will now make $259,744 annually after the cut was approved by the school’s board of regents. According to WLKY, he said that the pay cut was “necessary since some of the employees were making as little as $7.25 an hour.”

A total of 24 employees will now earn $10.25 an hour. Their new rate will remain even after a new president takes Burse’s place.
Read more: http://nationswell.com/raymond-burse-kentucky-state-university-president-pay-cut/#ixzz39ozMAAPp

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