Sinclair president, top staff take voluntary pay freeze - Dayton Business Journal:

sucujovide.wordpress.com
Sinclair Spokeswoman Natasha Baker said the pay freeze was announced internallhy throughan e-mail from President Steven Johnsomn Thursday. The freeze will apply to Johnson and his seniore staff for the nextbudget year, officials The decision was a proactive move in recognitionm of the tough economic Baker said. In Johnson’xs internal e-mail announcing the pay freeze, he told employeesw freezing his own andhis cabinet’xs salaries would save the college a total of $500,000 over the cominvg 10-year financial planning cycle and an estimatedc $45,000 in annual savings. Johnson’s annual salaryt is $225,000. The freeze will go into effect startingJuly 1.
“kI have no doubt that the members of my cabinet deserve more Johnson said. “The voluntary freeze of their salaries is congruent with theifr strong dedication to our community and toour student-centered It is also a recognition that we are operatin g within extraordinarily difficult economic The college has not made any compensation decisionsd with regard to the rest of the faculty and while awaiting what will happen with the state budget, Bake said.
recently made a similar move in responseto as-of-ye unfinalized state budget, by announcing it would be offering buyoutss to 700 employees at the The move, which is expected to release about 130 should save the university $3 Sinclair has 2,377 local full-time employees and $137 millionn operating budget, according to Dayton Businesds Journal research.