bjankles t1_it3b84g wrote on October 20, 2022 at 4:59 PM

Reply to comment by S-Kunst in Johns Hopkins University graduate students are organizing for a living wage by jduda

My wife worked there when she first graduated as a research coordinator. Her salary was comically low. I can’t imagine the university is that strapped for cash.

Edit: I asked her what she made when she first started and she said $27k as a salaried employee. That’s $13 an hour to work on prestigious medical research at a wealthy university.

iamculby t1_it3egvs wrote on October 20, 2022 at 5:20 PM

Oh they're doing just fine haha.

During the pandemic they suspended all pay raises and stopped their 401K match because they were "losing money" due to a drop in elective surgeries and a drop in room and board fees. After faculty paid for an independent audit, it turned out they actually made a considerable amount of money over that period of time.

If you look at the composition of its board of trustees, it's almost entirely MBAs and business leaders, some of whom have a personal financial stake in where and how the university invests its money. Maybe this explains why the university seems to operates more like a holding company trying to extract profits from a historic brand than a university dedicated to maintaining a healthy and productive research and learning environment.

Ghoghogol t1_it3mvfc wrote on October 20, 2022 at 6:14 PM

https://taxprof.typepad.com/taxprof_blog/2021/04/the-lesson-from-johns-hopkins-universitys-reversed-suspension-of-employee-retirement-contributions-d.html

iamculby t1_it3q86z wrote on October 20, 2022 at 6:36 PM

I was hunting for this same link! Good find

necbone t1_it74hw8 wrote on October 21, 2022 at 12:41 PM

It's a medical corp

necbone t1_it74f28 wrote on October 21, 2022 at 12:41 PM

Hopkins trains well and pays shitty

rmphys t1_it4iqls wrote on October 20, 2022 at 9:41 PM

Academia shafts everyone who isn't a tenured professor or an administrator. Those two groups make fucking bank

ChiselFish t1_it8l343 wrote on October 21, 2022 at 6:45 PM

My partner makes $46k at UMMC doing that job. Comical.