By: Ebonee Burrell | Editor in Chief
USA President Tony Waldrop sent an email announcing pay cuts to faculty, staff and administrators.
President Waldrop wrote in the email that “due to reduced revenues” because of the COVID-19 pandemic the university is expected to lose nearly $8 million by the end of the summer term. The pay cuts will be 4.5% to faculty, staff and administrators salaries $30,000 or more.
Due to the shortage of revenue because of the COVID-19 pandemic, the university is expected to lose nearly $8 million. The cuts will be temporary until the end of the summer and will be a pay reduction of 4.5%.
This took effect on May 1, 2020 and will last until August 31, 2020.
President Waldrop included this information in his email to university employees:
“These are unprecedented times, and a review of the University’s financial status closer to the end of the four-month period will determine if additional measures, including but not limited to extension of the salary reduction, will be necessary. We will continue to communicate about these issues with the University community as more information becomes available.
Your hard work and dedication to the University of South Alabama during these difficult circumstances is appreciated. Thank you for all that you are doing to help USA remain strong.”
These changes were made carefully conducted as University leadership carefully conducted the cost reductions of the expected budget shortfall to minimize the impact of employees.