This should sound alarm bells. Suffolk is a top New England school.

Peter Schworm of the Boston Globe reports.

Suffolk University freezing salaries for year

Suffolk University, facing a $11 million drop in budgeted revenue and a dip in enrollment, will freeze employee salaries for the next fiscal year.

Administrators said the move is necessary as the Boston university seeks to contain costs while stepping up efforts to recruit students.

“We continue to build for the future; therefore this budget was created with an emphasis on investing in our students while containing costs to minimize tuition increases,” university president James McCarthy wrote in a message to employees last week.

In May, university trustees approved the budget for the next fiscal year, which begins July 1.

The budget sought to address a “challenging enrollment environment,” McCarthy wrote. Administrators expect a smaller-than-anticipated law school class, a slight decline in the ranks of new undergraduates, and flat graduate enrollment.

In announcing the freeze, McCarthy also cited a $743,000 increase in the university’s contribution to employee health insurance costs.

“With these challenges it became clear that we are not in a position to offer employee salary increases for the 2014-2015 year if we are to deliver a fully balanced budget,” he wrote. “While I realize that this decision will be unpopular, please understand that we are committed to future salary increases, and that remains a top priority.”


 
 0 
 
 0