Pay cuts for highest-paid employees, work-share program sought to save Wisconsin athletics $2.8M
The University of Wisconsin athletic department is looking to save $2.8 million during the COVID-19 pandemic through voluntary pay cuts or a reduction in work hours.
The plan, announced Saturday, includes asking the department’s 25 highest-earning employees to take a 15% reduction in pay over the next six months. That group includes athletic director Barry Alvarez, football coach Paul Chryst and men’s basketball coach Greg Gard.
UW is seeking approval for around 350 other employees to participate in the Wisconsin Department of Workforce Development’s Work-Share program. Under the plan, they’ll have their hours reduced by either 20% or 50%, and they can apply for unemployment benefits.
The Work-Share program for athletics employees is scheduled to run from May 18 through July 25.
Read more: https://www.kenoshanews.com/sports/college/pay-cuts-for-highest-paid-employees-work-share-program-sought-to-save-wisconsin-athletics-2/article_a1ec20be-c84d-50f7-95d3-c81a346f4754.html