Baltimore-area colleges are instituting pay cuts for high-earning employees and initiating hiring freezes following a warning from the University System of Maryland this week that employees of the school system’s 12 institutions would have to “share in the pain" of coronavirus-related budget woes. Facing a $65 million budget shortfall amid the pandemic, the University of Maryland, Baltimore County has put in place a hiring freeze and a temporary pay cut for staff and faculty with salaries of $100,000 or greater.
