Owens expresses concern for lack of staff raises
In his report, UM System interim president Steve Owens said setting aside 2 percent pool for faculty pay raises is one of his utmost concerns.
βIt is imperative that we cut costs wherever we can so we can set aside a 2 percent merit pay for our highest performing faculty and staff,β Owens said.
If this is not done, Owens said, he fears that top staff members will flock elsewhere for work β seeking higher pay and newer facilities.
He said he hopes to reduce costs to make a merit-based salary pool available. Additionally, the System plans to focus on the retirement plan project and online training resources for its staff members.