Egerton University on Cash Crisis, No Enough Funds to Pay April 2020 Salaries
Egerton University on Wednesday the 13th of May 2020, issued a noticed to it’s staff members on salary detraction following the extended impact of COVID-19 Pandemic.
Through the notice, the University sited that it’s not in a position to generate enough funds internally to cater for April 2020 salaries. This is due to the negative impact of Corona Virus pandemic in the country’s economy.
“Due to Covid 19 pandemic that has affected the whole country, the University is not able to generate enough funds internally to be able to pay salaries for the month of April, 2020,” read the notice.
The University added that the issue might continue for a while during the pandemic period.
The without prejudice notice agreed on by Egerton University Board of Management, resolved that the funds in their disposal are to be paid as follows;
Staff in Grade 1-4 will receive 100% net salaries as indicated in their usual monthly payslips.
Staff in Grade 5-19 will receive 60% of net salaries as indicated in their payslips.
The 40% balance will be paid as soon as funds are available.
The circular which was signed by Professor Rose A. Mwonya (Egerton University Vice Chancellor), appealed to the staff to bear with the situation .
The period in which the conditions imposed on their payslips is uncertain.
As Covid-19 pandemic continues public universities are continually getting into cash crunch.
Early this month, Egerton joint university workers’ unions rejected a proposal by the institution to try solve the delayed April Salaries by offering half pay.
Sources at the university confirmed that over 1,900 employees have not recieved their April Salaries.
In other news, the World Health Organization (WHO) has warned that the Corona Virus may linger around for a longer period of time. This has sent shivers to employees whose salaries has already been terminated.
Download Free School Resources Using the Links Below:
2020 Grade 1, 2, and 3 (Combined) Evaluation Assessment Tests Set 1
2020 Grade 1, 2, and 3 (Combined) Evaluation Tests Set 12020 Grade 1 Evaluation Test Exams and Marking Schemes
2020 Grade 1 Evaluation Assessment Tests Set 1
2020 Grade 1 Evaluation Tests Set 12020 Grade 1 Evaluation Assessment Tests Set 2
2020 Grade 1 Evaluation Tests Set 22020 Grade 3 Evaluation Test Exams and Marking Schemes
2020 Grade 3 Evaluation Assessment Tests Set 1
2020 Grade 3 Evaluation Tests Set 12020 Grade 3 Evaluation Assessment Tests Set 2
2020 Grade 3 Evaluation Tests Set 22020 Grade 1, 2, and 3 (Combined) Evaluation Assessment Tests Set 1
2020 Grade 1, 2, and 3 (Combined) Evaluation Tests Set 12020 Grade 4 Evaluation Test Exams and Marking Schemes
2020 Grade 4 Evaluation Assessment Tests Set 1
2020 Grade 4 Evaluation Tests Set 12020 Grade 4 Evaluation Assessment Tests Set 2
2020 Grade 4 Evaluation Tests Set 2Here are More Links to Free Educational Learning Materials to Download
2020 Primary School Class 5, 6, and 7 Exams
2020 Class 5-6-7 Evaluation Tests
2020 Class 5-6-7 Evaluation Tests2020 Class 7 Set 2 Exams
2020 Class 7 Set 2 Exams2020 Class 7 Set 3 Trial Exams
2020 Class 7 Set 3 Trial Exams2020 Primary School Class 8 Exams
2020 Class 8 Evaluation Test 1
2020 Class 8 Evaluation Test 12020 Class 8 Opener Term 1 Exams
2020 Class 8 Opener Term 1 Exams2020 Class 8 Set 3 Exams
2020 Class 8 Set 3 Exams2020 Class 8 Set 5 Exams
2020 Class 8 Set 5 Exams2020 Class 8 Set 6 Trial Exams
2020 Class 8 Set 6 Trial Exams2020 Term 1 Holiday Assignments Class 4 – 8
2020 Term 1 Holiday Assignments Class 4-8HIGH SCHOOL RESOURCES
Download Free High School ResourcesUPPER PRIMARY SCHOOL RESOURCES
Download Free Primary School MaterialsPRE-PRIMARY (PP1-PP2) SCHOOL MATERIALS
Download Free Pre-Primary School MaterialsGRADE 1- 4 MATERIALS
Download Free Grade 1-4 School MaterialsUNIVERSITY RESOURCES
Download Free University ResourcesCOLLEGE RESOURCES
Download Free College ResourcesTO READ MORE OF OUR FREE ARTICLES
Kindly visit the following links:
Comments are closed.