October 11, 2009
Hit Goals, Earn Money: Bonus Program Pays Off for Kent State's Fund Raisers
When Kent State University's leaders were considering a bonus program for faculty members, they already had a model for how an employee-incentive program could pay off.
A year before creating the faculty plan, the university introduced incentives for fund raisers, who can earn bonuses worth up to 10 percent of their salaries by meeting specific performance goals. After Kent State broke a fund-raising record last year, the university paid out $59,000 to 19 development
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