Wednesday, January 10, 2018

Listen to the Regents' Executive Comp working group meeting of Jan. 8, 2018

The Regents' working group on executive compensation met last Monday to work out its agenda and gather information. It started with a public comment period which mostly dealt with the substitution of student workers for contract workers as parking valets at the UCLA Reagan hospital.

The working group is apparently trying to come up with a set of policies, at least in part in the context of the critical state audit of 2017. Some of the issues discussed were defining comparison groups for determining executive pay ("market reference zones"). There were also questions about what levels of executives should be under the new policies. It was noted that cost of living varies across areas and campuses.

Basically, the new policies need to be ready by mid-February due to the need to respond to the state audit. Later this month, the full Board of Regents will meet; what input the Board may have in this process at that meeting is unknown.

You can hear the working group meeting at the link below:

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