The University of Wisconsin System Board of Regents has approved pay and tuition increases. UW System President Ray Cross talked up the importance of — and support for — the request for $78 million in new state funding for employee raises
“I really want to emphasize that this is a unanimous consensus on the part of leadership. This is one of our most important challenges,” Cross said. A challenge because UW campuses are finding it harder to compete for qualified faculty with “peer institutions” in other states.
“If we continue to increase that gap between what we pay our folks and what others pay theirs, it makes it even harder to catch up,” Cross said.
The pay raise is two percent each of the next two fiscal years and will require approval by Governor Scott Walker and the legislature. “It’s time that we reinvest in our workforce,” said Regents President Regina Miller. “We want to be able to recruit and retain the best and the brightest.”
Regents also approved raising nonresident and graduate tuition at six four-year campuses and all two-year schools.