MoneyBusiness

Actions

University of California imposes pay freeze as losses mount

University of California at Berkeley
Posted
and last updated

The University of California is imposing a system-wide freeze on salaries of its non-unionized employees due to enormous financial losses caused by the coronavirus pandemic. President Janet Napolitano announced the pay freeze in a statement Monday that also said she and the UC's 10 chancellors would take a 10% voluntary pay cut. The country’s largest public higher education system estimates financial losses of nearly $1.2 billion from mid-March through April and those losses are expected to increase in the months ahead.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

05/12/2025

Sunny

78° / 53°

0%

Tuesday

05/13/2025

Partly Cloudy

73° / 53°

6%

Wednesday

05/14/2025

Sunny

80° / 56°

0%

Thursday

05/15/2025

Sunny

87° / 61°

0%

Friday

05/16/2025

Partly Cloudy

88° / 61°

0%

Saturday

05/17/2025

Partly Cloudy

81° / 56°

3%

Sunday

05/18/2025

Partly Cloudy

75° / 57°

12%

Monday

05/19/2025

Sunny

83° / 61°

0%