#faculty-layoffs

#faculty-layoffs

Trustees approved pay hikes and eliminated salary caps for the system's executive employees - presidents, vice chancellors and the system's chancellor, Mildred García - last week after a pay analysis presented by the consulting firm Segal found that about 75% of comparable institutions pay executives more than CSU. The new executive compensation policy also includes a performance-based pay incentive up to 15% of the executive's base salary, a more competitive retirement plan and increased housing allowances ranging from $60,000 to $80,000.

Following staffing cuts in June, another round of layoffs is coming at the University of Oregon, with entire departments potentially on the chopping block as the university seeks to address a projected budget deficit. In a June town hall, University of Oregon (UO) President Karl Scholz announced that the university was facing a significant budget shortfall due to a failure to meet its out-of-state enrollment targets, uncertainty about federal funding levels, and a variety of other costs.