How about a $25,000 performance bonus?
Not bad, especially in a city where the median household income is $34,190. That makes The University of Akron President Dr. Luis Proenza's bonus about 73% of what Akron households are making in an entire year.
$25,000 is not enough, according to University of Akron Board of Trustees Chairman Richard Progue. Progue says Proenza's performance bonus is less than some other Ohio university presidents and suggests that it should be significantly higher. He stopped short of asking for a different amount, citing "economic pressures" faced by the university.
The bonus is based on how well the trustees think Proenza fulfilled established goals. In this case, Proenza gets credit for efforts that include fundraising, capital improvements, enrollment growth and various partnerships that can help students, the university and the community.