Produced by the Office of Marketing and Communications
President Darryll J. Pines sent the following email to faculty and staff this afternoon:
Today, I write to you with an update to the previously announced budget mitigation plans aimed at lessening the financial impact of the COVID-19 pandemic on our university. Upon a review of the temporary salary reduction portion of the mitigation measures, we are implementing a revision to exclude any portion of salary supported by sponsored awards.
The university cannot realize any savings from sponsored awards and this change will help to ensure that the university maintains the identified costs originally proposed in sponsored awards, in accordance with associated timelines, budgets and deliverables.
Employees whose salaries are allocated across multiple sources of funding will be fixed at the proportion set starting with the pay period beginning Sept. 27 and continue in the temporary salary reduction program at that proportion, regardless of future funding changes.
For the purpose of this guidance, sponsored funding is defined as: federal, state or other government or private contracts; grants; awards from nonprofits; and cooperative agreements. The term "sponsored" does not include funds generated from indirect costs recovery, royalty sharing, gifts or state general funds.
Additional details will be shared directly with those individuals impacted by this change.
I appreciate the work and dedication of every university employee during these challenging times.
Sincerely,
Darryll J. Pines
President, University of Maryland
He/Him/His
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