What will be the percentage reduction for new hires beginning in August or later?
The reduction will be 9.23% per month for new hires regardless of employee pay plan. The required furlough for 10-month and 12-month employees will be two days per month from the date of appointment through June 30, 2010. Academic year appointees beginning at the start of the 2009/10 academic year will follow the furlough plan described above, with pay reductions from the September 2009 through August 2010 pay periods.
