Date: Oct. 29, 2010
Re: Some Good News
The Board of Trustees met this week and authorized a special one-time salary supplement for faculty and staff at Illinois Wesleyan. Those faculty and staff who are full-time employees will receive $600 while those who are eligible part-time employees will receive $300. The supplement will be added to your regular paycheck on November 19.
This special supplement is being provided to faculty and staff to recognize your sacrifices over the past two years and the commitment you made to help the University sustain its longstanding health and quality. Because of your efforts, the University finished the 2009-2010 fiscal year with a balanced budget and projects a small positive balance for the current fiscal year, primarily resulting from the favorable enrollment of new and returning students.
After consulting with SPBC, CUPP, Staff Council, and Cabinet, I have concluded that a portion of the projected positive balance this year should be used for this special salary supplement for faculty and staff, for some additional repair and remodeling projects, and for a small contingency reserve to address unexpected events or expenses.
I have commented on several occasions that we are off to a great start this fall and I am pleased to provide some tangible evidence to support my optimism. Happy holidays a few weeks early!
Sincerely,
Richard F. Wilson, president