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Jeff Grubb on WotC and layoffs
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<blockquote data-quote="GreyLord" data-source="post: 5754958" data-attributes="member: 4348"><p>Speaking of University Professors, I recently read that they are currently making ~150K to 200K at major universities. Of course the point of the research was to say Presidents of the same universities are making 4-10X the amount of the professors...and the problems with rising costs...but I think the article missed the point.</p><p></p><p>A mere 1.5 decades ago, I recall Professors lucky to make 75-80K. So accordingly their salaries have risen 200-300% since then if my old memory hasn't failed.</p><p></p><p>Not to put down Professors, they do a grand job...but I don't think the economies have gone up 200-300% in that time period. I'd say there's ONE BIG major point of influence on the rise of tuition costs right there.</p><p></p><p>The question is do people really think Professors are worth that much. Look at the unemployment and the trouble people have getting jobs...are those professors on their mighty thrones really worth what they are selling.</p><p></p><p>Turning it back to the Hasbro/WotC sentiments...in that same light is WotC putting out material which is worth what they are paying those who are creating it. Unlike the Universities which currently do not seem to have as many checks...WotC has direct checks to what it pays and what it can afford. Those checks come from consumers and how much they decide to buy.</p><p></p><p>When WotC doesn't have the money to afford someone, it has hard decisions to make...who will be let go...who will they keep.</p><p></p><p>So, if you were 200K short, and hence had to cut costs from that somehow...what would you do?</p><p></p><p>Cut what you sell? That's not going to do much to help you.</p><p></p><p>Cut all the new employees...cut the old employees...one will have you fire more than the other...as I believe the topic tried to explain.</p><p></p><p>How about if someone is already doing well in another field with their career, such as writing, and they are doing okay with that field...perhaps they would be easier to let go than others who don't have that to fall back on?</p><p></p><p>It's all a hard choice, what exactly would you think to do?</p></blockquote><p></p>
[QUOTE="GreyLord, post: 5754958, member: 4348"] Speaking of University Professors, I recently read that they are currently making ~150K to 200K at major universities. Of course the point of the research was to say Presidents of the same universities are making 4-10X the amount of the professors...and the problems with rising costs...but I think the article missed the point. A mere 1.5 decades ago, I recall Professors lucky to make 75-80K. So accordingly their salaries have risen 200-300% since then if my old memory hasn't failed. Not to put down Professors, they do a grand job...but I don't think the economies have gone up 200-300% in that time period. I'd say there's ONE BIG major point of influence on the rise of tuition costs right there. The question is do people really think Professors are worth that much. Look at the unemployment and the trouble people have getting jobs...are those professors on their mighty thrones really worth what they are selling. Turning it back to the Hasbro/WotC sentiments...in that same light is WotC putting out material which is worth what they are paying those who are creating it. Unlike the Universities which currently do not seem to have as many checks...WotC has direct checks to what it pays and what it can afford. Those checks come from consumers and how much they decide to buy. When WotC doesn't have the money to afford someone, it has hard decisions to make...who will be let go...who will they keep. So, if you were 200K short, and hence had to cut costs from that somehow...what would you do? Cut what you sell? That's not going to do much to help you. Cut all the new employees...cut the old employees...one will have you fire more than the other...as I believe the topic tried to explain. How about if someone is already doing well in another field with their career, such as writing, and they are doing okay with that field...perhaps they would be easier to let go than others who don't have that to fall back on? It's all a hard choice, what exactly would you think to do? [/QUOTE]
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