Burse, a Rhodes Scholar who had been president of Kentucky State in the 1980s and then went on to have a successful business career until 2012, was cajoled out of retirement this year to head the university once again. His first move: find out who was making the least money, and help them out. By reducing his own annual salary of $349,869 by more than $90,000, 24 employees got a pay hike that took them from $7.25 an hour to $10.25 an hour. It was about the act of doing something that would be impactful to individuals to whom I was going to demand a lot from, and so thats what its all about, Burse said. His selfless decision stunned university board members. I was having coffee with my board chair and I said to her, Im thinking about giving you back some of your money, and she was a little bit shocked, he said.
Posted on: Sat, 27 Dec 2014 23:08:13 +0000
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