Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (53483)	7/17/2006 5:33:35 PM
From: Moominoid	Respond to of 116555

Private universities like mine deal with tenured professors through the pay mechanism. They give you tenure but don't promise anything on the pay side. They don't raise the pay of underperforming profs which with inflation reduces their real salary. Then they have some nuclear options like reorganizations where they close departments and allow the better profs to reapply for jobs in other departments. State Unis and schools systems are probably cushier in these respects.... Anyway if all goes to plan I will voluntarily give up tenure and resign. Hopefully not in the too distant future.