UW-Madison is ordering most of its employees to take varying amounts of unpaid time off over the next six months and university leaders will take a 15% pay cut over that same time as COVID-19 costs grow and the campus remains mostly closed.
“We will face this challenge as a community, asking for a shared sacrifice among faculty, academic and university staff, while expecting the largest contributions from our leadership and highest earners,” Chancellor Rebecca Blank said in a Wednesday email to employees.
Officials estimate the furloughs and pay cuts will save UW-Madison up to $30 million of an estimated $100 million shortfall resulting from the coronavirus outbreak.