Tuesday, June 24, 2014

Suffolk University freezing salaries for year - Peter Schworm, Boston Globe

Suffolk University, facing a $11 million drop in budgeted revenue and a dip in enrollment, will freeze employee salaries for the next fiscal year. Administrators said the move is necessary as the Boston university seeks to contain costs while stepping up efforts to recruit students. “We continue to build for the future; therefore this budget was created with an emphasis on investing in our students while containing costs to minimize tuition increases,” university president James McCarthy wrote in a message to employees last week. http://www.bostonglobe.com/metro/2014/06/10/suffolk-university-freeze-pay-amid-decline-budgeted-revenue/2L8LUMhtsRV519mPfzZ8nK/story.html