Most chancellors of Wisconsin’s state universities will receive annual bonuses of up to 15% of their base salaries if their institutions meet key metrics tied to strategic goals, the state’s board of regents voted Monday. For fiscal 2025, the added compensation, which the system dubs “compensation-at-risk,” will be tied to first-to-second year retention rates for undergraduate students, according to documents provided by a system spokesperson. The arrangement does not apply to University of Wisconsin-Madison’s Chancellor Jennifer Mnookin, whose bonus is tied to her staying in the role. Specific targets for each chancellor will be created after 10-day fall enrollment numbers are released this year. The compensation increases come as many of the state’s universities face budget shortfalls and retention challenges.
