Friday, March 19, 2021

Administrative pay cuts in limbo for next year’s budget - Stephen Neukam and Shaun Chornobroff, Rider News

 Rider is mulling the possibility of again extending administrative pay cuts that are in effect until the end of June, a move that has already saved the university nearly half of a million dollars, according to a top university official. The cuts, which have been in effect since May, were extended in October after being set to expire that month. The reductions have saved the university around $470,000, according to Associate Vice President for University Marketing and Communication Kristine Brown. These savings are a slice of the costs that the university has been attempting to recoup in the past year to compensate for steep revenue declines due to the pandemic.

https://www.theridernews.com/administrative-pay-cuts-in-limbo-for-next-years-budget/