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For the first time, the bonuses of the presidents of the University of Iowa, Iowa State University and University of Northern Iowa are tied to job performance.
The presidents set their job performance goals, which were reviewed by the Iowa Board of Regents president. The bonus policy follows a national higher education trend that mirrors the private sector, in which top execs get paid for performance.
The regents did not give Mason a raise for the upcoming year, but instead offered the bonus for meeting her goals. To receive a $80,000 bonus ...