USM faculty proposes administration cuts, voluntary retirements in plan to save more than $5 million - Seth Koenig and Nell Gluckman, Bangor Daily News

University of Southern Maine faculty are proposing nearly $1.6 million in administrator compensation cuts or layoffs as part of a $5 million package of recommended budget reductions aimed, in part, at avoiding job cuts among their own ranks. Members of a Faculty Senate committee unveiled their budget proposal at an afternoon meeting Thursday at the Portland campus. The plan was given unanimous approval by the 26 faculty members in attendance and forwarded to USM President Theodora Kalikow for consideration. After the meeting, Kalikow was noncommittal about the faculty recommendations. “We’ll study all that,” she told reporters about the proposed administration cuts. In addition to the administration pay reductions, the faculty plan includes $2.1 million in voluntary early retirements and resignations among faculty members over the next two years — 11 of which, representing more than $1.1 million, will come before the start of the 2014-2015 school year. https://bangordailynews.com/2014/05/29/news/portland/usm-faculty-proposes-administration-cuts-voluntary-retirements-in-plan-to-save-more-than-5-million/