One comment from today's PSU BOT meeting
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A synopsis of everything you need to know about Penn State's Leadership - from today's BOT meetings:
In the morning, I watch a meeting where the Trustees put on their "I'm Concerned" faces and lament the increasing "unaffordability" of a Penn State education.
(of course, for six years, nary a one of them has ever had the brainstorm of "If we stopped spending gobs of money on ourselves, and passing the bill on to the students, maybe that would help?")
In the afternoon, I watch these same Pigs:
A) Give President Crunch-n-Munch ANOTHER raise (on top of his $6,000,000 contract)
B) Give Sandy Barbour ANOTHER raise ($730,000 + bennies)
C) Give Nick Jones and David Gray - - - two guys who will, between them, not spend ONE HOUR this year doing anything that positively impacts the education of Penn State students - - - raises over their existing $500,000 salaries - - - because "their salaries were below market rates"?????
Apparently, in the world of PSU Leadership, the "market rate" for a pile-of-worthless-horse-manure-wrapped-in-a-$1,000-suit is something north of half a million per year :-(
And in no case does a single, solitary, "leader" say one F-ing word in opposition.
This is Penn State Today.
This "Is What It Is"
It ain't what it used to be. It is unrecognizable to what most Alums of 40, 30, even 10 years ago knew.
They are out of touch with the real world. They award themselves bonuses every single year (on top of half a mil to multimillion dollar salaries) while turning around claiming poverty, increasing tuition, and demanding the state give them more money.
i agree not a good look when they were begging students to ask for more money from the state....
Why not make any raise or bonus results based? Give Barren one when he posts his summary of the Freeh report on the university website.A synopsis of everything you need to know about Penn State's Leadership - from today's BOT meetings:
In the morning, I watch a meeting where the Trustees put on their "I'm Concerned" faces and lament the increasing "unaffordability" of a Penn State education.
(of course, for six years, nary a one of them has ever had the brainstorm of "If we stopped spending gobs of money on ourselves, and passing the bill on to the students, maybe that would help?"
In the afternoon, I watch these same Pigs:
A) Give President Crunch-n-Munch ANOTHER raise (on top of his $6,000,000 contract)
B) Give Sandy Barbour ANOTHER raise ($730,000 + bennies)
C) Give Nick Jones and David Gray - - - two guys who will, between them, not spend ONE HOUR this year doing anything that positively impacts the education of Penn State students - - - raises over their existing $500,000 salaries - - - because "their salaries were below market rates"?????
Apparently, in the world of PSU Leadership, the "market rate" for a pile-of-worthless-horse-manure-wrapped-in-a-$1,000-suit is something north of half a million per year :-(
And in no case does a single, solitary, "leader" say one F-ing word in opposition.
This is Penn State Today.
This "Is What It Is"
It ain't what it used to be. It is unrecognizable to what most Alums of 40, 30, even 10 years ago knew.
Microcosm of America.A synopsis of everything you need to know about Penn State's Leadership - from today's BOT meetings:
In the morning, I watch a meeting where the Trustees and Administrators put on their "I'm Concerned" faces and lament the increasing "unaffordability" of a Penn State education.
(of course, for six years, nary a one of them has ever had the brainstorm of "If we stopped spending gobs of money on ourselves, and passing the bill on to the students, maybe that would help?"
In the afternoon, I watch these same Pigs:
A) Give President Crunch-n-Munch ANOTHER raise (on top of his $6,000,000 contract)
B) Give Sandy Barbour ANOTHER raise ($730,000 + bennies)
C) Give Nick Jones and David Gray - - - two guys who will, between them, not spend ONE HOUR this year doing anything that positively impacts the education of Penn State students - - - raises over their existing $500,000 salaries - - - because "their salaries were below market rates"?????
Apparently, in the world of PSU Leadership, the "market rate" for a pile-of-worthless-horse-manure-wrapped-in-a-$1,000-suit is something north of half a million per year :-(
And in no case does a single, solitary, "leader" say one F-ing word in opposition.
This is Penn State Today.
This "Is What It Is"
It ain't what it used to be. It is unrecognizable to what most Alums of 40, 30, even 10 years ago knew.
Why shouldn’t they get paid what comparable people in similar positions get paid elsewhere? I’m not suggesting anyone be overpaid. But just saying that everyone deserves to be paid what the market says they are worth. And if they want to spend it on $1000 suits, more power to them! I sense someone who didn’t fare as well is a bit resentful.A synopsis of everything you need to know about Penn State's Leadership - from today's BOT meetings:
In the morning, I watch a meeting where the Trustees put on their "I'm Concerned" faces and lament the increasing "unaffordability" of a Penn State education.
(of course, for six years, nary a one of them has ever had the brainstorm of "If we stopped spending gobs of money on ourselves, and passing the bill on to the students, maybe that would help?"
In the afternoon, I watch these same Pigs:
A) Give President Crunch-n-Munch ANOTHER raise (on top of his $6,000,000 contract)
B) Give Sandy Barbour ANOTHER raise ($730,000 + bennies)
C) Give Nick Jones and David Gray - - - two guys who will, between them, not spend ONE HOUR this year doing anything that positively impacts the education of Penn State students - - - raises over their existing $500,000 salaries - - - because "their salaries were below market rates"?????
Apparently, in the world of PSU Leadership, the "market rate" for a pile-of-worthless-horse-manure-wrapped-in-a-$1,000-suit is something north of half a million per year :-(
And in no case does a single, solitary, "leader" say one F-ing word in opposition.
This is Penn State Today.
This "Is What It Is"
It ain't what it used to be. It is unrecognizable to what most Alums of 40, 30, even 10 years ago knew.
Don't you think it should be performance based?- sounds crazy I know but thats what they do in the private sector - pay people what others make seems like a stupid way to determine compensation and outside of academics, Unions and the government is done no where else and I think most would agree those institutions are not the best business models - and yes I am jealous they make what they do for what they do because it makes no sense - old boy network at its best (worst).
A
anon_xdc8rmuek44eq
Guest
My colleague and his wife are PSU engineering grads (wife is a distinguished alum) and passed on PSU for Purdue for their daughter. She’s killing it there too (civil engineering major).
In an effective army, the general eats last. Take a look at how faculty raises in recent years stack up relative to what these fat cats have been getting. Hint: poorly
A synopsis of everything you need to know about Penn State's Leadership - from today's BOT meetings:
In the morning, I watch a meeting where the Trustees and Administrators put on their "I'm Concerned" faces and lament the increasing "unaffordability" of a Penn State education.
(of course, for six years, nary a one of them has ever had the brainstorm of "If we stopped spending gobs of money on ourselves, and passing the bill on to the students, maybe that would help?"
In the afternoon, I watch these same Pigs:
A) Give President Crunch-n-Munch ANOTHER raise (on top of his $6,000,000 contract)
B) Give Sandy Barbour ANOTHER raise ($730,000 + bennies)
C) Give Nick Jones and David Gray - - - two guys who will, between them, not spend ONE HOUR this year doing anything that positively impacts the education of Penn State students - - - raises over their existing $500,000 salaries - - - because "their salaries were below market rates"?????
Apparently, in the world of PSU Leadership, the "market rate" for a pile-of-worthless-horse-manure-wrapped-in-a-$1,000-suit is something north of half a million per year :-(
And in no case does a single, solitary, "leader" say one F-ing word in opposition.
This is Penn State Today.
This "Is What It Is"
It ain't what it used to be. It is unrecognizable to what most Alums of 40, 30, even 10 years ago knew.
The highlighted statement shows your complete ignorance for how the University functions and the efforts put forth by these individuals on a daily basis. The statement further calls into question the validity of any of your other statements.
What market? The BS rigged cronyism Board of Trustee Market. Seriously! BOTs.. the over compensated CEOs that oversee overcompensated CEOs who are all compensate by the size of the budgets they bloat.
Pretty funny stuff.... free market (are you kidding me?)
Barren got half way through the Freeh report but ran out of crayons to color in it.
Nitwit, by all means, give them more and more of your hard-earned money. Go ahead. We don't mind. After all, it's your money.
Because other people in comparable positions are far more competent.
He's getting a raise for being a BOT toadie and not reviewing the Freeh Report.
I agree. I never said to pay them more than what they were worth. If you can find better people for less money, replace them.
So says the joke in the private sector where (in his mind) there are no clubs and good old boy networks. Funny that is not the private sector worked in for 40+ years.... full of old boy/girl and alumni etc networks.
You, and your compadre’s at PSU, don’t know your “market value” unless and until you “test the waters” and interview elsewhere.
I suspect you are an overpaid TA.
These people are not underpaid. A true test...if no raise, how many would leave? Who else would hire Barron at his current salary? And if they did, Penn State could not find a replacement at $800k per year salary
Baron's annual raise is performance based. He was given a modest 2.5% raise (around $18K) in 2016 for achieving his performance goals and his compensation package is in line with his peers of similarly sized institutions.. Just curious what you think someone who is responsible for a $5.7B operating budget should be paid.
And if you remember Jay Paterno's comments, its academic standing has been declining for a number of years.
If you would take a breath, you’d recognize that you and Jay are “on the same page”.Jay Paterno's? comments
"219, 220.....Whatever it takes"
Your response, clearly from the perspective of a PSU Insider, simply demonstrates how “out-of-touch” you are with real world economics.
Your position is not justifiable or financially-sustainable in the next 5-10 years of collegiate academics.
According to this article, at a total compensation of $1,039,717 in 2016, he is the 6th highest paid university President. Seems more than competitive.
http://www.altoonamirror.com/news/local-news/2017/06/barron-ranks-high-in-pay/
http://www.altoonamirror.com/news/local-news/2017/06/barron-ranks-high-in-pay/
Let Baron and friends go out on the open market and bring back a certified offer from another institution if they want a raise. I am thinking........they would take a pay cut from PSU and still................be happy.
To go off on a tangent - Who cares if they wear $1,000 suits? You can no longer get a decent suit for much less than $1,000. Even 15 years ago you could not get a decent one for less than $500.
I don't really have a problem with that - it increases the odds of getting an extremely good president when he retires. What I do have a problem with is the board, who first tried to hire a corrupt criminal, and then took Barron from FSU. The academic standing of the university is not going up and he should be gone. But I don't have any faith that they will spend the money on a top-tier talent.
Also, I think Sandy's half-billion dollar plan to rebuild the football stadium should just go away. Huge financial risk. The sports-revenue bubble is going to burst and there is nothing PSU or any other school can do about it.
To correct you, the article says 6th among public universities not all universities. Many private universities pay more.
Just saw Penn St on the espn ticker. Never good. It said PSU has paid an additional $16 million for JS victims now bringing the total victim payout over $100 million. They then said total overall costs now at a quarter billion dollars.
This is the same Penn St giving raises to administrators including Barron and Barbour, raising tuition, claiming poverty, and telling students to pressure the PA legislature to give them more money.
This is the same Penn St giving raises to administrators including Barron and Barbour, raising tuition, claiming poverty, and telling students to pressure the PA legislature to give them more money.
You know what, if I'm the state of PA I cut off all funding to PSU until they fix their broken system. And you know what else, the state should tell them to go Private and it will jack the tuiton up even farther and that will cause decrease applicants and kids will go to more affordable school. Not PSU. Let PSU fend for themselves if they are going to act this way. Sick of their BS.
I don't think so. A real leader (are they all dead today?) leads because he loves to lead. He loves to do what is right, and to try to set the example. A real leader is not motivated by compensation. A real leader envisions a better place 10 years after he gets there, and that's his motivation.
A narcissist or careerist is motivated by primarily by money.
Maybe all our leaders today suck because, unlike JoePa, they want the money, not the actual work of leading.
The sheep, which means all of us, get the leaders we deserve.
Exactly, dipstick here apparently has confused PSU, a Public University, with a private corporation?
