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Faculty Pay Cut at the University of Illinois

January 6th, 2010 Leave a comment Go to comments

This is an interesting way to cut 2010 salaries:

Faculty and academic professional staff will take four furlough days – a temporary leave of absence without pay – between the four pay dates of Feb. 16 and May 16. Monthly pay will be reduced by one day for each of the four payroll periods.

Maybe nominal wages are not so rigid after all, at least for people not paid by hour.

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