The new pay plan: summertime and the livin’s not easy Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

The new pay plan: summertime and the livin’s not easy Case Study Help

Introduction

The case is discuss with the economic scenario in Regency State University where due to economic issues the administration trying to decide to take certain steps that enable the university to deal with economic challenges. However, the rumours of the new introduced summer pay plan raised various issues and the teaching faculty decided tom talk with Winston regarding the upcoming summer pay plan. So Dr, Fred Carroll share his displeasure regarding the new pay plan while in response of the concerns Winston describe the issues that the college is going through. According to Winston the university is facing the economic issues and they are fail to manage the economic health of the university due various operating costs. Furthermore, Fred Carroll replied it would be better for the university to focus on other cost cutting approaches rather than the new summer pay plan.

Like many public universities across the country, Regency State has faced a series of budget cuts over the past 15 years. In fact, Carroll felt at times that his department and others were facing "death by thousands of cuts" as state-level funding had fallen from about 60 percent of the university budget to the current 30%, resulting in Cutbacks to programs and greater difficulty in getting approval to fill vacancies. The cut in state funding was partially offset by regular tuition fees, which had risen much faster than the cost of living. Gone are the days of big tuition approvals, however, because of strong guidelines there was resistance at the state level and the public had no appetite for big increases. In addition, recent media reports in newspapers and television of debt-ridden college students' charade and harsh criticism of student loan programs have fuelled reluctance to further rate hikes (Miller, 2017).

Problem statement

The college has been suffer from the economic crisis and faced serious budget falls so to manage the administration of the college tried to find-out the cost cutting strategies that allow them to regulate these challenges. So, that is why they decided to decrease the compensation budget and focusing on other cost cutting strategies. However, the management was facing issues regarding the budget and financial crisis that need to be mange. So, the university would possibly introduced new summer pay plan than could cause future faculty/administrative challenges for the university(Miller, 2017).

Background

Fred Carroll was a long time faculty member at Regency State University, a large university in the Southeast with approximately 20,000 enrolled students. Carroll was in the Department of Management for 22 years and had worked his way through the academic ranks from assistant professor to associate professor to full professor. Previously, he served as the department chair for eight years.

Carroll was considered a fine professor, was one of the most productive professors on the research faculty, and had one of the highest salaries in his department. Like other professors in the Department of Management, Carroll taught two courses over the summer.

Although Charles Dodgson had been the foremost outspoken on the summer pay issue, Winston

conjointly had detected from alternative college members associate degree regarding changes in summer compensation and therefore the speculations on what kind this might take a number of this was the rumblings of passageway gossip, however many had voiced their considerations on to him. Finally Erb, a tutor in management, scheduled a gathering with Winston to share her anxiety about the reported cut. Erb had a Master in Business Administration and sizeable government expertise and generally schooled massive sections of undergrad courses. Winston thought that she did a decent job teaching several courses, advising students, and serving as authority to the department’s student organization, although she wasn't active in analysis and writing..........................

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