Valparaiso University furloughs 200 employees; president to take 30% pay cut in COVID-19 reductions
VALPARAISO — Valparaiso University will furlough 200 employees in cost-saving measures being taken as the university reduces operations during the novel coronavirus pandemic.
The university will furlough 154 full-time employees and 46 part-time employees, according to a VU news release.
Staff members not furloughed and earning at or above $48,000 annually will see a temporary salary reduction on a scale beginning at 2% and increasing the more an employee earns.
Other faculty will be encouraged to take voluntary pay cuts that match the scale of reductions taken by identified staff members.
Read more: https://www.nwitimes.com/news/valparaiso-university-furloughs-200-employees-president-to-take-30-pay-cut-in-covid-19-reductions/article_38544283-26d4-53b6-a7ef-3a4314fc5b21.html
(Northwest Indiana Times)