LEXINGTON, Ky. (AP) – Some University of Kentucky employees are reportedly receiving paid family leave, pension contributions, salary increases and bonuses of $ 1,000 under a proposal unveiled by the president of the ‘school.
In a recent campus-wide email, UK President Eli Capilouto outlined the budget changes that would apply to staff members, media reported. Teachers would be eligible for some of the benefits while compensation for UK HealthCare employees is set through a separate process.
The plan must be approved by the board of directors.
The increases and benefit changes come a year after the state’s flagship university slashed pension contributions and instituted time off and layoffs after COVID-related closures led to lower income and a deficit of $ 72 million, reported the Lexington Herald-Leader.
Under the plan, the minimum hourly wage for permanent employees would drop from $ 12.50 to $ 13.75 on July 1 before reaching $ 15 on January 1, 2022. Most employees would receive two weeks of paid leave for the period. birth or adoption of a child and a week of paid leave to care for a sick relative.
The 2% merit increases would begin on January 1. Professors and staff (who were hired before December 31) would receive bonuses of $ 1,000 in July. The plan includes a planned resumption of the UK pension contribution of 10% from July 1.