The higher ed workforce has been hit hard due to COVID-19-related causes. According to a recent article by The Chronicle of Higher Education, 650,000 higher ed jobs were lost last year. With potential budget reductions on the horizon, this number is sure to climb. While workforce reductions may be necessary for some institutions to stay... View Article
On October 8, the Department of Labor (DOL) issued an interim final rule effective immediately, which raises the DOL prevailing wage levels under the four-tiered wage structure. The ruling will increase the DOL prevailing wage as follows: Level I from the 17th percentile to the 45th percentile Level II from the 34th percentile to the... View Article
Many higher education institutions will face a tough road in the coming months. While the full impact of the COVID-19 pandemic is still unknown, it is almost certain that most higher education institutions will be confronted with the challenges of lower student enrollment and, with the resulting decrease in tuition revenue, reduced operating budgets. Many... View Article