In addition to the campus-wide measures, Randall has taken a personal step to assist Albion’s budget.
“I have asked the Board (of Trustees) to allow me to take a voluntary reduction in my salary,” Randall said. “I feel that this is appropriateĀ due to the economic environment facing our student, faculty and staff.”
Randall declined to share the amount of her reduction.
Greg Saltzman, chair of the economics and management department, sees Randall’s offer to take a salary reduction as a “politically astute” move.
“In dollar terms, it doesn’t make a big difference in a budget that is tens of millions of dollars, but it’s a symbolic gesture that she understands the need for shared sacrifice,” Saltzman said. “That’s not going to make the faculty happy about a pay freeze, but it makes the faculty less angry about a pay freeze than if she were getting a big bonus.”
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