Last year, the university took several steps to address financial impacts of the pandemic that would allow us to continue to achieve our research and teaching mission. One of these measures was the creation of the Resource Allocation Committee (RAC), which established a process for the university to identify and prioritize requests for the approval of hires deemed critical to the continuation of our mission.
With promising pandemic related developments and following a careful review of the university’s financial situation, President LeBlanc announced in late March the reversal of a number of temporary measures in the new fiscal year. Fiscal Year 2022 will start a transition back to normal, including the reinstatement of the university’s matching retirement contribution, merit increases, and a regular cycle of faculty hiring.
In addition to these actions, the FY 2022 budget process produced a product that will no longer require the RAC. As such, the Resource Allocation Committee will sunset, effective immediately. Going forward, unit leaders and finance directors will resume local management of hiring decisions in accordance with established workforce management principles.
We would like to extend our gratitude to our fellow members of the RAC, who devoted substantial time and effort to ensure that the university was able to make necessary hires during the pandemic. These members of the committee are:
Christopher A. Bracey, Interim Provost and Executive Vice President for Academic Affairs
John Lach, Dean, School of Engineering and Applied Science
Sally A. Moody, Professor and Chair of Anatomy and Regenerative Biology
Cynthia Villaverde, Associate Vice President, Budget and Financial Analysis
Paul Wahlbeck, Dean, Columbian College of Arts and Sciences
We also would like to recognize Diane Conners, Sabrina Minor and Zoe King – Human Resources professionals who were instrumental in developing and implementing the RAC process, and who devoted significant time and critical support weekly to the RAC.
The patience of the GW community during this challenging period is deeply appreciated, and we are pleased to be able to provide this additional good news as we launch Fiscal Year 2022 and we prepare in earnest for in-person operations in the fall.
L. Jared Abramson
Vice President, Financial Planning and Operations
Vice President and Chief People Officer