OSU Chills Salaries, Chooses Semesters

10 TV: The Ohio State University has frozen the salaries of some of its top executives -- including President E. Gordon Gee -- but will still allot modest salary increases for faculty. The 17 members of the Senior Management Council all voluntarily agreed to offer up their raises and bonuses. Included is Gee, whose bonus could have been as high as 40 percent of his more than $800,000 salary. The more than $1 million expected to be saved by the freeze will flow into student scholarships. While the executives will forgo raises and bonuses, the university said that each department will still be given a 2.5 percent pool raise, as long as the department meets budgetary goals.

NBC 4: The Ohio State University Student and Faculty Senate voted Thursday to convert the university to a semester schedule rather than continuing its current quarter system. OSU’s Undergraduate Student and Faculty Government voted to make the change to semesters, but the final decision will belong to the OSU Board of Trustees, who would vote on the issue in April. President E. Gordon Gee publicly stated that he would support the switch. The earliest that the change to semesters could take place would be in the fall of 2012.