USPSA silent on pay cut

Written By : CHARLOTTE PETERS . Some executives of the University of the South Pacific Student Association have shied away from commenting on the salary cuts taken by the university management.
Its president Ilifeleti Tovo earlier condemned what he called the bloated salaries of certain executives of the university.
He was fined and restrictions imposed on him after publicly criticising the salaries of executives.
Yesterday association executives seemed reluctant to comment and referred questions to other executives. Vice-Chancellor Professor Rajesh Chandra announced on Thursday that senior managers had taken a pay cut as part of a restructure.
He said the idea behind these measures was to bring costs under tighter control and the salaries of the managers had been reduced by 40 per cent while his salary was now 65 per cent less compared to his predecessor.
Prof Chandra said the council decided it would revert to the salary structure of 2004.
“We believe now the issue of those salaries is related to the period of the previous two or three years and is now dealt with and those salaries have been taken back to what they were in 2004,” said Prof Chandra.
He said the university was looking at cutting expenditure by but teaching courses that had small numbers.
Last month interim Finance Minister Mahendra Chaudhry directive the university embark on a programme of austerity and reduce costs over the next three years. He said the last couple of years the university had become riddled with wastage and mismanagement, particularly with the bloated salary and wages bill for certain executives.
He suggested a 15 per cent pay cut over the next three years to the university’s budget.

Shortlink:

Posted by on July 18, 2008. Filed under Fiji News. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.