In this time of transition for universities you are driving the change, you are causing the change and helping us to shape that change by your activities. A new flex policy recently approved that will offer guidelines for more flexible work schedules. They're not just words on paper. We must continue to change. We must continue to improve.
Ideas serve society, transform society.
Rogers said he was happy to report that Cornell is in better financial condition today than it was a year ago, thanks both to a stronger state budget and the bullish stock market that has pushed the five-year average return on investment in the university's endowment fund to 15 percent. That high rate of return, plus savings on utilities, are largely what's financed the impressive 1998 salary improvement program, Rogers added. Questions from the audience covered a wide-ranging spectrum of employee concerns. Yes, but we have to maintain the right balance between the fees and the cost of maintaining facilities. And, the Wellness Program is a relatively low-cost, healthy option open to employees, with membership fees based on a sliding scale.