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USC providing one-time, merit-based bonuses

Sep 7, 2011 5:35:00 PM - thestate.com
Most University of South Carolina employees are eligible for merit-based bonuses this year, a gesture president Harris Pastides described Wednesday as appreciation for their work.

Pastides said he recognizes that the one-time increases, about 1.5 percent on average, are not enough but he hopes employees see them as a statement of the university's commitment.

The increases, which should show up in employees' Oct. 31 paycheck, are limited to workers making below $100,000 who were on staff before April 30. More than 90 percent of workers are eligible and the maximum bonus anyone can receive is $3,000, said human resources vice president Chris Byrd.

Pastides said he's asked the school's chief financial officer and provost to come up with a proposal for more significant performance-based salary increases next year, despite the lingering economic slump. Previous state-funded increases were across-the-board, rather than performance-based.

The college set aside $2.3 million for the bonuses, based on evaluations, Byrd said.

USA, South Carolina: (Latest Stories)