What percentage of salary reduction will employees experience?
All faculty unit employees will experience a salary reduction of 9.23% over a full year. For academic year employees, this reduction will be applied over a full 12 months (September 2009 through August 2010 pay periods), and as a consequence will result in a reduction of 9.23% in each paycheck. The furlough program is effective for the fiscal year from July 2009 through June 2010 for non-academic year employees. Since no deduction was taken in the July 2009 pay period for 10 and 12 month employees, in order to recoup the full amount by June 30, 2010, these employees will experience a reduction of 10.07% over eleven months from the August 2009 through June 2010 pay periods.
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