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ERIC Number: EJ814295
Record Type: Journal
Publication Date: 2008-Sep-12
Pages: 1
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-0009-5982
If Kent State Beats Goals, Professors Will Profit
Masterson, Kathryn
Chronicle of Higher Education, v55 n3 pA1 Sep 2008
This article reports on a new and unusual tactic that Kent State University is trying to improve its status, retention rate, and fund raising--paying cash bonuses to faculty members if the university exceeds its goals in those areas. The bonuses are built into a contract, approved last month, that covers 864 full-time, tenure-track faculty members who teach and do research on the university's eight campuses. Proposed by Lester A. Lefton, Kent State's president, the "success bonus pool" will be divided among faculty members if the Ohio institution improves retention rates for first-year students and increases the research dollars it generates and the private money raised through its foundation. The message behind the institutional-performance bonuses, which are much more common in private industry and for university presidents than for professors, is that faculty members should benefit from the work they do that influences those measures of a university's success.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Ohio