Purdue is limiting pay raises for some employees the next two years. It affects deans, senior administrators, and administrative and professional staff who earn more than $50,000. The move is expected to save $5 million.
It's designed to offset roughly $40 million in revenue the university won't get by freezing tuition and most fees the next two years.
Merit raises are still possible for faculty, clerical and service employees, and administrative and professional staff who earn less than $50,000.
Purdue President Mitch Daniels made the announcement to the University Senate Monday afternoon. He's asking for input from the campus community to identify other ways to save money.
Daniels also says he'll make another cost-cutting announcement in a week or two.
You can see his letter to campus HERE.
