University Finances

Endowment Over Time
University Finances

Alumni Criticize HMC Executive Compensation As ‘Excessive’

​A group of alumni decried “excessive” compensation for executives at Harvard Management Company in a letter sent Monday to the Harvard Corporation.

HMC Natural Resources Performance
Endowment

HMC to 'Refine' Natural Resources Investing

​Harvard Management Company—the University’s investment arm—is aiming to sell some of its natural resource assets after the endowment’s value fell almost $2 billion during fiscal year 2016, Bloomberg reported last week.

College

Regardless of Question 4 Vote, Harvard Likely to Keep Marijuana Ban On Campus

Harvard students excited for the possibility of legalized marijuana in Massachusetts may find it sobering that, if Harvard follows the paths of other universities, the drug will likely remain banned on campus even if Massachusetts Ballot Question 4 passes.

Student Groups

Grad Union Organizers, University Administrators Answer Questions about Unionization

​For the first time, graduate student union organizers and University administrators sat side-by-side in a question and answer-style information session on Wednesday to discuss student concerns regarding the upcoming union election.

University Budgets 2016
Central Administration

University Budgets Potentially ‘Constrained’ For Years To Come, Report Warns

Harvard’s traditional revenue sources—including returns on its endowment—may be subdued in the coming years, a reality that could “significantly constrain” future University budgets, according to Harvard’s annual financial report released Tuesday.

Birds of a Feather
Labor

Janitors and Security Guards Rally with Negotiations Underway

Harvard’s janitorial staff and security guards rallied Monday afternoon to draw attention to their contract negotiations with the University, marching a week after Harvard's dining services workers ended a historic strike.

HUDS Workers Return to Dining Halls
Student Life

Dining Workers Receive Warm Welcome After Strike

Harvard’s dining services workers returned to dining halls Thursday morning—less than 24 hours after ending their historic strike—where they were warmly welcomed back.

Central Administration

Management Company Reportedly Described as ‘Lazy,’ ‘Stupid’ by Employees in 2015 Review

Harvard Management Company employees accused the University's investment arm of setting artificially low benchmarks and overcompensating top managers, Bloomberg reported Thursday.

HUDS Contract Announcement
Student Life

HUDS Workers Approve New Contract, Ending Strike

A 22-day dining worker strike officially ended Wednesday after employees voted overwhelmingly to approve a new contract with Harvard.

Contract Announcement
HUDS

HUDS Contract Pays $35,000 per Year, Covers Copays

After months of tense contract negotiations, Harvard will pay its full-time dining services employees at least $35,000 a year and cover increased copayments until 2021—a settlement that union leaders say satisfy their demands.

"We Can See Your Greedy Side"

A Three Week-Long Strike

Negotiators from Harvard and the union representing its dining workers reached a tentative agreement at about 1 a.m. Tuesday morning, ending the nearly three week-long strike. Here's a look back at the month of picketing and bargaining.

HUDS Strike Continues
Student Life

Campus Quiet After HUDS Agreement Reached

HUDS employees must ratify the contract before they can officially return to work in dining halls and cafes across campus. In the meantime, students said the atmosphere on campus felt subdued.

College

More than 100 Harvard Faculty Signed Petition to Support Strike

Over the past several weeks, Harvard faculty have shown their support for striking dining hall workers, bringing their classes to the picket lines and signing a petition calling on Harvard to reach an agreement with its employees.

HUDS March
HUDS

‘Hopeful Signs of Progress’ in HUDS Negotiations

​As an unprecedented strike heads into its third week, Harvard’s dining service workers have begun to make progress in a months-long contract stalemate with the University.

GSD Growth
Student Life

Graduate School of Design's Enrollment Soars Skyward

The School of Design, which operates on a leaner budget than many of Harvard schools, has long been one of Harvard’s smallest schools. Over the past 10 years, the Graduate School of Design’s enrollment has increased by 288 students.