University of Sydney to review casual staff budgets as part of tighter austerity measures

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The University of Sydney is extending austerity measures by reviewing each faculty's casual staff budget and deferring all non-essential building works to manage a $470 million budget shortfall | natassiazc

Only core maintenance programs needed to enhance campus safety will take place this year, and all building improvements, new technology and facility upgrades will be put on hold. Dr Spence said this could save the university $127 million.Reducing project budgets and extending delivery time frames could reap $52 million, while $23 million will be saved by spending less on international agent fees and scholarships due to travel restrictions.

But Dr Spence said there would be no change to the 2.1 per cent annual salary increase guaranteed in July to those covered by the university's enterprise bargaining agreement. University executives have agreed to suspend an annual review of their pay, and their salaries will stay at current levels., which could deliver a further $100 million to $140 million. That potential additional funding was not factored into the university's savings calculations, a spokeswoman said.

 

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natassiazc JobKeeper wage subsidy, which could deliver a further $100 million Unis get $18bils fr Fed gov n they want Jobkeeper as well They r leaking buckets

natassiazc Too much reliance on 🇨🇳

natassiazc wef

natassiazc The latter sounds like a healthy option, and I hope the former doesn’t lead to more casual lay-offs.

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