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U. to cut employee benefits following raise reductions, eliciting mixed reactions

U. to cut employee benefits following raise reductions, eliciting mixed reactions

Leela Hensler
Daily Princetonian 

In a series of February memos, the University informed faculty and non-union staff of raise cuts and benefit reductions for the coming fiscal year, with a decrease in personnel also on the horizon. 

The adjustments to employee pay and benefits came shortly after the annual State of the University letter from University President Christopher Eisgruber ’83 reported that the University would be tightening its budget primarily due to declining long-term endowment return expectations and continued uncertainty over federal funding. Eisgruber discussed some of the raise cuts at his annual Council of the Princeton University Community town hall on Feb. 9.

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