RESOLUTION TO AUTHORIZE THE PRESIDENT TO AWARD BONUSES FOR MERITORIOUS PERFORMANCE FOR SELECTED FACULTY AND STAFF

WHEREAS, Section 59-101-710 of the South Carolina Code of Laws provides that public institutions of higher learning may spend federal and other non-state appropriated sources of revenue to provide lump-sum bonuses; and

WHEREAS, Section 59-101-710 provides that this payment is not a part of the employee's base salary and is not earnable compensation for purposes of employee and employer contributions to the respective retirement systems; and

WHEREAS, The Board of Trustees does recognize there are selected faculty and staff who make contributions above and beyond those required of their position duties;

THEREFORE, LET IT BE RESOLVED that the Board of Trustees of Winthrop University does hereby authorize the President to award bonuses to faculty and staff who make contributions which result in increased productivity, improved work processes, exceptional customer service, realized cost savings, or other specific contributions to the success of the organization.

November 12, 2004