CEDAR FALLS, Iowa. (KWWL) - University of Northern Iowa Athletics announced staff and coaches will take a temporary salary cut for the fiscal year '21.
Several cost-saving measures began on July 1.
The decision was made in an effort to balance a budget shortfall, which is expected to exceed $1 million as a result of the COVID-19 pandemic.
All contract incentives for head coaches and David Harris, Director of Athletics, have been suspended for the fiscal year.
“We understand that these temporary reductions will be challenging for our staff and coaches, and we feel fortunate to have a team of staff members that understand the unprecedented situation that we face," Harris said. "Our goals are to minimize the impact to our student-athletes, protect our human resources and emerge from this pandemic on strong fiscal footing. Our staff has proven that we can adapt and overcome challenges in previous years, and this year will likely be our most significant challenge to date. However, we will face this challenge together and help our student-athletes succeed. We look forward to another successful year in 2020-2021.”
Salary reductions impact all employees making over $41,000 annually. The reductions begin at 12.5% for the highest-paid employees, to 5% on the lowest tiers.
Estimated revenue reductions include NCAA and Missouri Valley Conference distributions, university general fund and student fee support as well as ticket and concession revenue based on reduced capacity in arenas because of the COVID-19 pandemic.
The department will release information on guidelines and protocols for fans attending games during the upcoming year in the near future.