Word: bonusesã
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...teachers to truly improve teaching in every classroom. Under Klein’s model, rather than appropriate bonus pay to individual teachers, schools that have made progress on their report cards over the last year will receive lump sums of money to distribute however they see fit. The bonuses??€”which total $14.2 million overall—amount to several thousand dollars per school, adjusted based on what percentile of its goal for progress the school has achieved. Most schools have elected to divide the bonus equally among all teachers, acknowledging that a student’s performance depends...
...endowment has clearly benefited those who managed it. Since 1991, Bok’s final year as University president, their pay has risen 10 times faster than the endowment itself. Following his retirement, fund managers began receiving million-dollar bonuses. By 2000, those blossomed into eight-digit bonuses??€”two years ago topping $35 million paid to a single manager. Two months ago, Harvard announced $57 million in bonuses for six fund managers, five of whom no longer worked at Harvard...
Quincy House Master Robert P. Kirshner ’70 echoed that sentiment but said the collection does not occur simply because Harvard does not distribute holiday bonuses??€”the House does it just to show appreciation to the staff...
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