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UChicago spent $446M on academic salaries, $889M on staff salaries and $338M on benefits (not broken out into academic vs non-academic) in the the 2011-2012 fis
by dustcoin 12y ago
UChicago spent $446M on academic salaries, $889M on staff salaries and $338M on benefits (not broken out into academic vs non-academic) in the the 2011-2012 fiscal year that Zimmer's compensation temporarily spiked to $3M. It is safe to say that over $1B was spent on non-academic salary and benefits (administration), which dwarfs both Zimmer's compensation and the $3M operating deficit.
http://finserv.uchicago.edu/pdf/2012FinState.pdf http://finserv.uchicago.edu/pdf/2012FinState.pdf
- ForHackernews 12y agoYes, you're correct that Zimmer's compensation is less than the total salaries of every other person employed by the university. I guess we can argue about the meaning of the word "significant" now.