July 22, 2022 | 5:18 AM
Penn State’s planning a 2.5% salary increase for employees
“We need a cost of living adjustment that keeps up with inflation. Otherwise that 2.5% pay raise is actually a large pay cut."
The total payroll cost for the $100,000 club is now more than $1.2 billion per year, based on 2019 records.
J.J. Abbott, Wolf’s press secretary, said some of the increases were made to bring salaries “in-line with each other to ensure all were being paid equally and fairly for their work.”