Thursday, June 10, 2010
UK Employees To Receive Bonuses
KENTUCKY...
The University of Kentucky trustees have adopted a budget that will give one-time bonuses to many employees. The payments of up to $1,000 will be made despite a $7 million shortfall for fiscal 2010-11. Faculty and staff who earn less than $70,000 will be eligible for $1,000 bonuses. Those who make up to $75,000 will be eligible for at least $200. There are few raises planned. The payments are included in a $2.5 billion budget approved by the trustees Tuesday. The board also approved shedding 81 positions and the university absorbing the full cost of increases in health care premiums for most members of the faculty and staff.
# posted by Homer Owens @ 8:24 AM 
