You know, I'm all for merit bonuses (if done correctly) but what happens when you fail to achieve the majority of the merit criteria established?
For the 2013-14 school year, Super Dr. Richard 'Looking for the Exit Ramp' O'Malley received a merit bonus of $1,092.42. Now, let's look at that for a moment. According to his contract, he was eligible for a max bonus of 2%, which on his base salary at the time of $218,484.00 - amounts to max bonus of $4,368.68.
The Board of Mythomania set 4 goals with 21 action items for Dr. O'Malley to achieve to earn that max bonus of $4,368.68.
So, what happened then if he only earned $1,092.42 or 25% out of a possible max bonus of $4,368.68? Seems Dr. O'Malley fell a tad bit short on achieving the board's goals established in his merit criteria.
Out of the 21 action items established in the Board's 4 Goals, he only achieved 4 action items. Probably most disconcerting to me is the failure to achieve improvement in the 3rd and 7th grade NJ ASK scores where he only achieved 2 of the 12 action items and failing to increase engagement with the public in all 5 action items.
What's the Board to do with a Super who fails to achieve 75% of their Goals? Wait, I know, give him a new contract.
Here's the analysis of his bonus:
For the 2014-15 school year, the Board established 3 Merit Goal Criteria worth $14,630 or 7% on his salary of $209,000. That's 2 quantitative goals worth $9,405 and 1 qualitative goal worth $5,225 both with various action items.
Here's the 2014-15 Merit Bonus Criteria: