Ben Sasse Hired as President of the University of Florida
New President's Salary and Benefits
Compensation Details
The Board of Governors of Florida's university system has confirmed the hiring of Ben Sasse as the new president of the University of Florida. Sasse will receive a base salary of $1 million. He is also eligible for a 4% annual raise, which could increase his salary to $1.4 million by the end of his fifth year. In addition, Sasse will receive a $200,000 bonus for each year he completes on the job, up to a maximum of $600,000 over his first three years.
Performance-Based Bonuses
Sasse is also eligible for performance-based bonuses of up to 15% of his base salary if he meets certain goals. These goals include increasing student enrollment, graduation rates, and research funding. Sasse will be eligible for these bonuses annually, up to a maximum of $150,000 per year.
Total Compensation
Combining his base salary, annual raises, completion bonuses, and performance bonuses, Sasse's total compensation could reach $1.75 million per year by the end of his fifth year as president of the University of Florida.
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