Post by Logan on Feb 23, 2016 9:58:47 GMT -6
NEW BRUNWICK — Rutgers President Robert Barchi's paycheck is getting a lot fatter.
The state university president was awarded a $97,000 annual bonus earlier this month after a closed-door meeting in New Brunswick with members of the Rutgers Board of Governors, according to university documents.
Barchi will also get a 2 percent pay raise, retroactive to July 1 of last year, along with other top Rutgers officials.
That will boost the president's annual base salary by more than $13,000 to $676,260 a year. The pay raise will also make him eligible for an even heftier maximum bonus of $101,439 during his next annual performance review.
Read more: www.nj.com/education/2016/02/rutgers_president_gets_97k_bonus--_and_a_raise.html
The state university president was awarded a $97,000 annual bonus earlier this month after a closed-door meeting in New Brunswick with members of the Rutgers Board of Governors, according to university documents.
Barchi will also get a 2 percent pay raise, retroactive to July 1 of last year, along with other top Rutgers officials.
That will boost the president's annual base salary by more than $13,000 to $676,260 a year. The pay raise will also make him eligible for an even heftier maximum bonus of $101,439 during his next annual performance review.
Read more: www.nj.com/education/2016/02/rutgers_president_gets_97k_bonus--_and_a_raise.html