Loyola University cuts pay of some of staff in effort to balance its budget - THE ASSOCIATED PRESS

In addition to layoffs and an early retirement offer, Loyola University also has cut the pay of some of its staff in an effort to balance its budget in the face of low enrollment by first-year students. The cuts mean less take-home pay for 14 employees at the university, spokeswoman Meredith Hartley told The New Orleans Advocate (http://bit.ly/1hioEat ) in an email Thursday. Those staff members were either reduced from full-time work of 37 hours a week to 30 hours a week — a roughly 19 percent cut in pay — or reduced from year-round employees to being employed for only 10 months of the year, about a 17 percent cut. In a "few cases," the same employee faced both cuts, Hartley said. Only staff members, not faculty, were put on the reduced schedules, and some of the changes were made involuntarily, she said. http://www.dailyjournal.net/view/story/6c1b82ea28df4bd8b6876b5acb42045a/LA--Loyola-University-Cuts/#.Uv57pvldWoE