FAIRBANKS — A complex bonus package proposal for new University of Alaska President Jim Johnsen includes benchmarks for increasing alumni donations, boosting the number of Alaska Native graduates and cutting administrative costs.
Johnsen, who was hired on July 28, signed a five-year contract with a $325,000 annual salary and a yearly performance bonus of as much as $75,000. The UA Board of Regents has until Sept. 30 to approve a plan for the bonus.
The proposal includes nine goals that would contribute to Johnsen’s bonus. Improving those goals by 1 percent — the minimum level that qualifies for a bonus — brings a $7,500 payout. If all of the targets improve by 10 percent, Johnsen will receive a maximum bonus of $75,000.
The goals, which were forwarded by a regents’ subcommittee on Wednesday, include:
• Increasing the number of Alaska Performance Scholarship recipients at UA campuses. More than 1,000 recipients of the scholarship program, which goes to Alaska high school graduates meeting academic and achievement requirements, attended UA this year.
• Boosting the number of degrees and credentials earned by Alaska Native students.
• Increasing the success rate for incoming students who take developmental courses.
• Increasing industry investment in research, extension and workforce development programs. Corporate giving totaled about $28.6 million this year.
• Increase alumni giving. About 3,200 UA alumni have donated to UA during fiscal 2015, according to the UA Foundation.
• Increase invention disclosures, a process that may lead to commercialization of technologies to inventors, the university and Alaska residents. The number of disclosures went from a low of six in 2011 to a high of 110 in 2014. Johnsen’s bonuses will be based on a running five-year average.
• Decrease administrative costs in the institutional support portion of the budget.
• Establish a workplace safety training system.
• Establish an assessment of the “campus climate” for public disclosure. The process would include a survey of UA students and employees on their perception of the campus climate.
When Johnsen’s hiring was announced, Regents chairwoman Jo Heckman stated that he would be tasked with “some very challenging goals to ensure an efficient, redefined university that is positioned to meet the expectations and needs of Alaskans in the face of general fund reductions and a rapidly evolving higher education environment.”
Johnsen, a former Alaska Communications executive and former UA administrator, started work as UA president on Sept. 1. He replaced Pat Gamble, who retired after five years in the position.
Contact staff writer Jeff Richardson at 459-7518. Follow him on Twitter: