Tuesday, August 5, 2014

A university president gave up $90,000 to give his minimum wage workers a raise

Vox
August 4th, 2014

The interim president of Kentucky State University is giving up $90,000 of his $350,000 annual salary to give minimum wage workers on campus a raise, the Lexington Herald-Leader reports.
The lowest paid workers on campus currently make $7.25 per hour, the federal minimum wage. They'll now make $10.25 per hour, an increase that will stay in effect even after the university hires a new full-time president.
The interim president, Raymond Burse, was president of Kentucky State in the 1980s before working for General Electric as a senior executive and retiring in 2012. "This is not a publicity stunt," Burse said, according to the Herald-Leader. "You don't give up $90,000 for publicity. I did this for the people."

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