Saturday, September 19, 2020

A look at UR’s COVID-19 budget cuts - Micah Greenberg and Wil Aiken, Campus Teims

The University of Rochester quickly implemented a robust regimen of cost-cutting measures at both the University and AS&E levels.Some staff members were furloughed over the summer. Capital spending, especially renovations to buildings and new construction, was put on hold. A hiring freeze was implemented, with any essential new hires needing approval from Senior Leadership, as well as a progressive retirement benefits cut, which was indexed to salary. Overall, the Senior Leadership and the President’s Cabinet took an 18% salary reduction.