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NCAA to furlough employees
Posted on 9/2/20 at 4:36 pm
Posted on 9/2/20 at 4:36 pm
LINK
Sounds like they will rotate the furloughs so not everyone is out at the same time.
quote:
The NCAA will furlough its entire Indianapolis-based staff of about 600 employees for three to eight weeks in a cost-saving move, according to memo obtained Wednesday by The Associated Press.
The memo from NCAA President Mark Emmert went out to the association’s more than 1,200 member schools Wednesday. The furloughs will not affect senior executives.
quote:
Starting Sept. 21 through the end of January 2021, all national office staff will be subjected to a mandatory three-week furlough, Emmert wrote. Some staff will be furloughed up to eight weeks, depending on position and “seasonal timing of their duties.”
Earlier this year, USA Today reported Emmert and NCAA senior management were taking a 20% salary reduction and vice presidents would be taking 10% pay cuts. The association also implemented salary freezes for all employees and did not fill open positions.
The latest belt-tightening measures include voluntary separation and early retirement packages being offered to many NCAA employees.
“There decisions are unfortunate but necessary as we continue to identify ways to cut costs across the national office,” Emmert wrote. He said all the measures represent “top of budget cuts in every national office group totaling nearly half our operating budget.”
Sounds like they will rotate the furloughs so not everyone is out at the same time.
Posted on 9/2/20 at 4:39 pm to LSUFanHouston
Recruiting: Dead [Live] Period
Posted on 9/2/20 at 4:39 pm to LSUFanHouston
quote:
The furloughs will not affect senior executives.
Of course not
Posted on 9/2/20 at 4:47 pm to LSUFanHouston
Ole Miss, it’s your time to shine! You know Joey Freshwater is about to pull some shady shite with the NCAA being crippled.
Posted on 9/2/20 at 4:48 pm to lsufball19
They are already taking a 20% pay cut. I rather the 4 week unpaid vacation.
Posted on 9/2/20 at 4:51 pm to LSUFanHouston
CaptainBrannigan told me on here that shutting down sports wouldn’t actually affect anyone though.
Posted on 9/2/20 at 4:54 pm to lsufball19
quote:
Of course not
I don’t see anything wrong with that
They’re more important in the company
Posted on 9/2/20 at 4:55 pm to LSUFanHouston
DickieV going to be pissed that LSU NOA will be delayed...
Posted on 9/2/20 at 4:57 pm to TigerintheNO
quote:
They are already taking a 20% pay cut. I rather the 4 week unpaid vacation.
Mark Emmert makes 2.7m a year
20% cut is not that big of a cut
He’s still making over 2m a year
Posted on 9/2/20 at 6:20 pm to LSUFanHouston
So Mark Emmert is taking a furlough and a pay cut, too?
Didn’t think so. So much for leadership by example!
quote:
The furloughs will not affect senior executives.
Didn’t think so. So much for leadership by example!
Posted on 9/2/20 at 6:21 pm to LSUFanHouston
frick the NCAA, they aren't even needed
Posted on 9/2/20 at 6:53 pm to LSUFanHouston
quote:
The NCAA will furlough its entire Indianapolis-based staff of about 600 employees
Here’s a thought since the NCAA makes the majority of its revenue through the men’s b-ball tournament; don’t automatically award Indianapolis as a host site every year, and a Final Four every 4-5 years.
I know the NCAA executives like to grease the palms of their country club friends and neighbors in central Indiana, and it keeps them in the good graces of their Kiwanis Club, but maybe they should actually try not to be more corrupt than the SWC in the 1970’s and 80’s.
Posted on 9/2/20 at 7:05 pm to LSUFanHouston
Get woke....go...well, you know the rest.
Posted on 9/2/20 at 9:22 pm to Ghost of Colby
quote:
, and a Final Four every 4-5 years.
The final 4 is the same 6-7 cities in a rotation
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