Author: Sam Buisman
UW Madison faculty will suffer mandatory furloughs and pay cuts as COVID-19 drains its coffers.
According to Channel3000, UW Chancellor Rebecca Blank announced on Wednesday that most UW employees will have to take between three and six furlough days to try and account for the $100 million losses inflicted by the coronavirus crisis. Chancellor Blank also announced that she and the UW’s vice-chancellors would take a 15% pay cut until October in addition to their own six furlough days.
Student employees, graduate assistants, temporary workers and some others will be exempted from this policy.
Chancellor Blank estimates that these sacrifices will save the Univerity $30 million, which while significant, is still a far cry from the total $100 million loss.
The University is still reportedly considering conducting classes online in the fall due to the coronavirus, but officials have not made a decision at this time.