Getting your player ready...
Aiming to avoid layoffs while cutting its budget, Colorado Public Radio will implement a 3 percent salary cut and 12- month wage freeze, effective July 1. The previously announced suspension of CPR contributions to its retirement plans will be continued, according to a statement by CPR president Max Wycisk.
Describing public radio’s financial challenges, Wycisk noted that “charitable contributions fell six percent in 2008, the sharpest drop in 53 years.” The network’s most recent on-air fundraiser met its goal of $1.6 million to end the fiscal year in the black.
