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The UC endowment, which includes the General Endowment Pool and the Blue and Gold Endowment Pool, stood at $29.5 billion as of June 30, 2024, up from $23.4 billion the year before. [ 8 ] The General Endowment Pool was at $22.6 billion, with a 30-year annualized net return of 9.3%, a 20-year return of 7.9%, a 10-year return of 8.1%, a five-year ...
The 2022 University of California academic workers' strike was a labor strike at all campuses of the University of California (UC) system, including the Lawrence Berkeley National Laboratory. On November 14, some 48,000 academic workers went on strike for better pay and benefits. [1]
The University of California (UC) is a public land-grant research university system in the U.S. state of California.Headquartered in Oakland, the system is composed of its ten campuses at Berkeley, Davis, Irvine, Los Angeles, Merced, Riverside, San Diego, San Francisco, Santa Barbara, and Santa Cruz, along with numerous research centers and academic centers abroad. [5]
The union said the two sides remained far apart on compensation, a major sticking point, as the work stoppage by 48,000 academic workers went into Day 4.
In order for the Regents to affirm UCLA's move to the Big Ten in December, 2022, the university agreed to pay UC Berkeley between $2 million and $10 million because of how the move would affect ...
On March 3, the system-wide bargaining committee of UAW 2865 called for a unfair labor practice strike from its entire membership, before voting against authorizing a strike vote. [12] Once ratified by a vote of the membership, the UC system would have to address the unfair labor practices in order to prevent a strike.
Khosla became the highest-paid Chancellor in the UC system after he received a $500,000 annual raise in April 2023, bringing his total salary to $1.14 million. The raise was funded entirely by private donations to a new endowed chair. [13] He chaired the Engineering and Computer Science jury for the Infosys Prize from 2011 to 2018. [14]
The University of California has unveiled a first-ever systemwide admission guarantee for all qualified transfer students but access to specific campuses is not assured.