Northwestern furloughs staff, cuts top administrators’ pay

Photo: Anthony Moretti 16April2016

It’s a familiar cocktail at institutions big and small because of the economic fallout from coronavirus: furloughs and salary cuts. Northwestern University is the latest to serve it.

According to the Chicago Tribune,

As part of its plan, NU is also cutting leadership pay between 10 and 20%. In addition to dipping deeper into its endowment, NU will suspend 5% automatic contributions and 5% matched contributions to retirement plans for faculty and staff and furlough staff who can’t complete their work remotely.

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