Cal State workers are getting a one-time bonus, paid for by a $144 million loan due next year

Cal State workers are getting a one-time bonus, paid for by a $144 million loan due next year

Cal State officials plan to use the loan to pay for one-time bonuses to faculty and staff. The loan must be repaid by July.

Cal State employees to get bonus via state loan

The California State University system has authorized a $144 million state loan to compensate faculty and staff across all 22 campuses for their "extraordinary skill and dedication," with the loan to be paid back in full to the state no later than July 1, 2026. The post Cal Poly employees to receive one-time bonus from $144 million state loan appeared first on Mustang News.