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UW Chancellor Praises Vote To Create Faculty Retention Fund

MADISON, Wis. — University of Wisconsin-Madison Chancellor John Wiley is praising lawmakers for voting to create a $10 million to retain faculty and staff in the UW System.

Wiley said Tuesday’s 16-0 vote by the Legislature’s budget committee is an important step in addressing a serious threat to the quality of UW System campuses.

He said the money will help his campus keep the very best and most productive faculty from being hired away by out-of-state institutions.

The $10 million will be split up between the system’s campuses over the next two years to help chancellors match offers from universities trying to hire away Wisconsin professors.