Thank you to everyone who attended our “UC Has the Money” town hall via Zoom on Wednesday, August 30. You can watch a recording of the first half of our town hall above or by clicking here.

Over the course of an hour, we took a dive into the finances of the University of California and evaluated one of their favorite excuses for not addressing workplace issues—that they simply don't have the money. This couldn't be farther from the truth.

UC possesses incredible financial resources, including $28 billion dollars in cash reserves. They generate billions more in revenue annually from investments and endowments while receiving state and federal grants and contracts, private donations, income from patient care services in the medical centers, and other revenue sources. The bottom line is that UC has the money to invest in the dedicated healthcare, research, and technical employees who tirelessly carry out its mission.

Being an active member of UPTE demonstrates to management and to your coworkers that you support our efforts to make UC a better place to work for us all. By working together towards common goals, we win things like improved compensation, a better work/life balance, career development opportunities, increased staffing, and so much more. If you aren’t currently a member, you can become one today by visiting www.upte.org/join.