Bob CollinsThe leadership of the Minnesota Daily, the newspaper of the University of Minnesota, today responded to an “open letter” from two of its editors yesterday that criticized the awarding of some bonuses at the paper.
The OP bonuses are part of the established compensation package for the president, editor-in-chief and business manager – an agreed-upon contract for paying and evaluating those employees through the year.
As such, the OP bonuses are not perks. When the bonuses were first introduced, in fact, OP pay rates were actually reduced throughout the year. The bonuses were intended so the board could “reinstate” those pay cuts if performance merited them.
