Management at my university finally came to the bargaining table with a financial offer, more than 12 months after the contract expired. The offer is for 3%, 3%, 3.125%, 3.125%. For reference, the graph shows the annual inflation rate, which was 3.2% in February 2024.
This is the same management that made a budget request to the state that was more than $100 million less than what was needed to operate the institution, even before factoring in a new contract.
