100402 news 03
1
THE CHRONICLE FRIDAY, APRIL 2, 2010 | 3 MELISSA YEO/THE CHRONICLE Community members peruse entries to the annual International Edible Book Festival in the Gothic Reading Room Thursday. Eating your own words Lange to discuss University deficit in closed sessions 14 profs to retire in incentive program by Lindsey Rupp THE CHRONICLE Provost Peter Lange will discuss the University’s finan- cial situation with Arts and Sciences faculty in a closed spe- cial meeting today. Lange delivered a presentation to the Academic Coun- cil March 18 and said he will deliver similar budget presen- tations to faculty at all schools in the coming weeks. The presentations will detail what cuts have been made, how much more needs to be cut, how cuts relate to the Uni- versity’s priorities and how Duke’s decisions compare to peer institutions. Lange said he plans to address questions from faculty, particularly as they relate to pay increases. In a March e-mail, President Richard Brodhead an- nounced that benefits-eligible employees making $80,000 or less a year will receive a one-time $1,000 bonus. The pay freeze implemented last year is still in effect for all employees, he wrote. “There’s always this suspicion that people get off better [than others],” Lange said. “It’s very hard not to increase the salary for faculty two years in a row.” About 80 percent of monthly salaried employees, but only about 36 to 38 percent of faculty members, will re- ceive the $1,000 bonus, Lange noted. Lange emphasized that his presentations are meant to be an opportunity for frank dialogue and questions. “They are closed because the fundamental point is to allow for very thorough discussion,” he said. “If the press is there, it constrains me and it constrains them.” Lange said he plans to use a standard presentation with some school-specific slides at each meeting, adding that the information he provides will be “substantially more elaborate” than other communications about the budget. He said schools are “in good shape” for the 2011 fiscal year, which begins in June. by Zachary Tracer THE CHRONICLE Fourteen professors have accepted the faculty retire- ment incentive, Provost Peter Lange said Tuesday. Lange said the incentive was not crafted to help trim Duke’s budget, but to encourage older professors to re- tire and allow the University to hire younger academics. “This initiative was all about faculty renewal, not bud- get cuts,” Lange said. Under the incentive program, professors agreed to re- tire by June 30, 2011 in exchange for additional payment from Duke. To be eligible, a professor had to meet the Rule of 75, meaning that his or her age and years of work at Duke sum to at least 75. Lange said he does not know how much the incentive packages will cost, adding that “it won’t be huge.” Professors from the School of Medicine and the School of Nursing were not eligible for the incentive, and no pro- fessors from the Pratt School of Engineering or the San- ford School of Public Policy chose to retire. Deans discussed the incentive, first announced in Oc- tober, with individual faculty members in their schools. The deadline for professors to retire was originally Dec. 14, 2009, but was later extended to Jan. 30 of this year. Additionally, 44 professors have entered other indi- vidual agreements with the University to retire in the future, which help the University plan to replace these professors, Lange said.
-
Upload
hon-lung-chu -
Category
Documents
-
view
240 -
download
3
description
by Zachary Tracer by Lindsey Rupp THE CHRONICLE Community members peruse entries to the annual International Edible Book Festival in the Gothic Reading Room Thursday. FRIDAY, APRIL 2, 2010 | 3 THE CHRONICLE THE CHRONICLE MELISSA YEO/THE CHRONICLE
Transcript of 100402 news 03
THE CHRONICLE FRIDAY, APRIL 2, 2010 | 3
MELISSA YEO/THE CHRONICLE
Community members peruse entries to the annual International Edible Book Festival in the Gothic Reading Room Thursday.
Eating your own wordsLange to discuss University deficit in closed sessions
14 profs to retire in incentive program
by Lindsey RuppTHE CHRONICLE
Provost Peter Lange will discuss the University’s finan-cial situation with Arts and Sciences faculty in a closed spe-cial meeting today.
Lange delivered a presentation to the Academic Coun-cil March 18 and said he will deliver similar budget presen-tations to faculty at all schools in the coming weeks.
The presentations will detail what cuts have been made, how much more needs to be cut, how cuts relate to the Uni-versity’s priorities and how Duke’s decisions compare to peer institutions. Lange said he plans to address questions from faculty, particularly as they relate to pay increases.
In a March e-mail, President Richard Brodhead an-nounced that benefits-eligible employees making $80,000 or less a year will receive a one-time $1,000 bonus. The pay freeze implemented last year is still in effect for all employees, he wrote.
“There’s always this suspicion that people get off better [than others],” Lange said. “It’s very hard not to increase the salary for faculty two years in a row.”
About 80 percent of monthly salaried employees, but only about 36 to 38 percent of faculty members, will re-ceive the $1,000 bonus, Lange noted.
Lange emphasized that his presentations are meant to be an opportunity for frank dialogue and questions.
“They are closed because the fundamental point is to allow for very thorough discussion,” he said. “If the press is there, it constrains me and it constrains them.”
Lange said he plans to use a standard presentation with some school-specific slides at each meeting, adding that the information he provides will be “substantially more elaborate” than other communications about the budget.
He said schools are “in good shape” for the 2011 fiscal year, which begins in June.
by Zachary TracerTHE CHRONICLE
Fourteen professors have accepted the faculty retire-ment incentive, Provost Peter Lange said Tuesday.
Lange said the incentive was not crafted to help trim Duke’s budget, but to encourage older professors to re-tire and allow the University to hire younger academics.
“This initiative was all about faculty renewal, not bud-get cuts,” Lange said.
Under the incentive program, professors agreed to re-tire by June 30, 2011 in exchange for additional payment from Duke. To be eligible, a professor had to meet the Rule of 75, meaning that his or her age and years of work at Duke sum to at least 75.
Lange said he does not know how much the incentive packages will cost, adding that “it won’t be huge.”
Professors from the School of Medicine and the School of Nursing were not eligible for the incentive, and no pro-fessors from the Pratt School of Engineering or the San-ford School of Public Policy chose to retire.
Deans discussed the incentive, first announced in Oc-tober, with individual faculty members in their schools. The deadline for professors to retire was originally Dec. 14, 2009, but was later extended to Jan. 30 of this year.
Additionally, 44 professors have entered other indi-vidual agreements with the University to retire in the future, which help the University plan to replace these professors, Lange said.
