Less than one month on the job and Glendale Community College interim President Jim Riggs is seeing his pay check shrink.
He has plenty of company.
The board of trustees on Wednesday approved 5% salary reductions for managers — including Riggs and other top administrators — some support staff, even the trustees themselves.
The cuts are expected to save the college about $444,000, the bulk of it from the management group. They remain in effect through the 2012-13 year, after which salaries will return to previous levels.
It is the second consecutive year that managers and trustees — the latter typically earn $400 a month — have accepted a 5% pay cut. Faculty members have also absorbed their share of salary concessions, including a temporary 3.95% hit that came in December after state revenues failed to meet expectations, triggering a fresh wave of cuts to education.
Faculty salary concessions for the coming year are currently being negotiated. The classified employees union has already agreed to a 3.3% reduction.