Sunday, July 19, 2020

Administrative furloughs at K-State to address budget shortfalls - Hays Post

On Friday ( July 10)  K-State President Richard Myers outlined steps the university is taking to reduce nearly $37 million in costs, including the administrative furloughs, terminating and eliminating positions, voluntary salary reductions, using cash reserves, and cutting operating expenses. Coupled with the emergency furloughs the university administered in May and June, 1,868 employees will be affected. While the furloughs will provide the university with $8.65 million in short-term cost reductions, Myers said these personnel actions come at a steep cost.
https://hayspost.com/posts/f9f07448-f983-4a0c-9e8b-dd0abaf1ca76