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It's the teachers that are shafted, not the admin/manager class.

That's mind blowing to me. I'd imagine they out earn a significant percentage of HN posters!

They're CEOs of fairly large organizations, often managing thousands of employees and budgets of hundreds of millions of dollars.

That’s spending that is all on autopilot; how much time does any CEO spend on payroll? Approximately zero.

They aren't being paid the big bucks to sign off on a payroll run.

They're being paid to manage the parts of the organizations that do that sort of thing, among others.

And they get pensions!

....yes, half a million dollars per year is highly paid.