Presidents

At Risk Incentive Pay

Summary
2013-2014


METRICS
Category

Objective

Values

Target Actual

Weights

Payments

Max Actual

Max Actual
1
Lower average student debt
$14,300 $14,773 15% 15% $18,900 $18,900
Student Debt (25%)
Improve affordability
20.90% 19.80% 10% 10% 12,600 $12,600
Sub-Total 25% 25% $31,500 $31,500
10% 10% $12,600 $12,600
4 year graduation rate
48.5% 49.2%
7%
7% 8,820 8,820
6 year graduation rate
71.8% 73.8%
Graduation Completion (25%)
4%










0% 5,040 0
4 year graduation rate - 1st gen
43.8% 43.1%
4%
4% 5,040 5 ,040
4 year graduation rate- URM
32.0% 38.3%
Sub-Total 25% 21% $31,500 $26,460
Increase net production
$230M $235.7M 12% 12% $15,120 $15,120
4% 7,560 5,040
Increase cash net production
$125M $119.4M 6%
Fundraising (30%)
5% 5% 6,300 6,300
Increase number of donations
64K 65.9K
Increase grant funding
$120M $115.9M 7% 4% 8,820 5,040
Sub-Total 30% 25% $37,800 $31,500
Empanel committee to recommend
10% 10% $ 12,600
$ 12,600

Y/N
objectives and measures for student growth
Committee Action (20%)


Empanel committee to recommend
Y/N
10% 7% 12,600 8,820
objectives and measures for institutional
excellence

Sub-Total 20% 17% $25,200 $21,420

TOTALS 100% 88% $126,000 $110,880



1

See explanatory note on following page.

NOTE: DETERMINATION OF AWARD IN AVERAGE STUDENT DEBT SUBCATEGORY:

The Compensation Committee exercised discretion in recommending award of full amount of at-risk pay in Average Student Debt subcategory.

Rationale:
Board has authority to make adjustments to compensation in exercise of its discretion.
Inaugural presidential incentive plan recognized that [t]he initial year will be somewhat of a test for process, measurement, and effectiveness.
Thus, the initial target was, by definition, selected on a subjective test basis.
Board recognizes that President Daniels has worked tirelessly in this category and has, indeed, made significant contributions that the target
does not capture. Examples:
i. The target measured debt only of those who graduated from Purdue. Had the target instead looked at total debt of current students,
there was a substantial decrease in 2013-2014 when compared to 2012-2013. The Committee recognizes that this alternative measure
was the one President Daniels had the most ability to impact.
ii. As reported at the September 2014 Stated Meeting, the volume of total loans taken out by students at West Lafayette (Purdue, Perkins,
Private, PLUS & Stafford) is trending downward significantly (18% over last year).