Friday, June 12, 2020

Over Two-Thirds of Private Colleges Have Frozen Salaries

More than Two-Thirds of Private Colleges Have Frozen Salaries More than Two-Thirds of Private Colleges Have Frozen Salaries As per a June 2009 examination, more than 66% of private schools are freezing pay rates, and 80 percent of them are executing the freezes organization wide. Advantages are likewise under significant pressure: 53 percent of the private schools overviewed detailed that they are making slices to benefits, for example, the measure of cash designated to 401(k) and 403(b) plans, and the commitments and number of medical coverage plans. The examination, directed by Yaffe Company, reviewed 259 private schools in 39 states.

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