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Kentucky State University's president has decided to take a $90,000 pay cut from $350,000 so that two dozen workers at KSU can see their hourly wage rise to $10.25, Slate reported.
Raymond Burse, the university's interim president, said he doesn't "need to work," but he's not taking the cut just for show.
"This is not a publicity stunt," he told the Lexington Herald-Leader. "You don't give up $90,000 for publicity. I did this for the people. This is something I've been thinking about from the very beginning."
The workers were making $7.25 an hour, Slate reported. "Burse said he was in a position to spread the wealth after a career that included a previous stint as president of Kentucky State University in the 1980s, and a decade as a senior executive at General Electric," Elliot Hannon wrote for Slate.
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