Members of the Indiana University Board of Trustees say they expect to approve an average three percent raise for school employees during Friday’s conclusion to their two-day summit. IU President Michael McRobbie said the raises will differ from department to department.
“There’s going to be a range of one to six percent and it’s going to average out at 3% for the whole university community,” McRobbie said. “Ultimately, the deans will make recommendations to me as to how they will allocate that funding and I will then approve that.”
During discussion of the raises, Finance and Audit Committee Chairman Tom Reilly expressed concerns that academic units contribute to the cost savings which make raises possible.
“My point was since the academic units consume about 75% of the budget, if we are heading towards difficult times — and if we want to keep having raises in the future — and we’re going to have to keep going to look for savings, that the academic units are going to have to start to contribute,” Reilly said.
After the meeting, Reilly pronounced himself happy with the plan, saying he doesn’t expect any roadblocks to its passage.