The University of Florida Bonus Plan is designed to comply with Section 1012.978, Florida Statutes, and Florida Board of Governors Regulation 9.015, and UF Regulation 1.202. Pursuant to the Bonus Plan, the University will provide incentive bonuses based on work performance and address recruitment and retention needs.
A bonus is a one-time monetary award given to faculty or staff which is not added to the base salary.
Faculty, TEAMS, USPS, and Law Enforcement Officers are eligible to receive a Bonus, subject to applicable collective bargaining obligations. Individuals must be employed and in good standing with the University during the Bonus Plan time period and at the time a Bonus payment is made. Individuals are not in good standing for Bonus payment eligibility if, at the time the Bonus payment is made, they have:
The evaluation criteria for these bonuses includes, but is not limited to, successful documented work performance involving temporarily increased duties and responsibilities, completion of a special project, attainment of established goals, superior performance, or specific achievements or assignments of significance.
Criteria for recruitment Bonus Plans may include, but are not limited to, candidates with desirable specialized skills and exceptional experience, or where market conditions or departmental structure merit such a recruitment award.
Retention Bonus Plans. Criteria for retention Bonus Plans may include, but are not limited to, circumstances to address verified offers of competing employment, to address market conditions which are significantly higher than the current salary, to ameliorate salary compression or inversion, or to acknowledge successful completion of career development, training, or certification programs that are in the best interests of the University or support the mission of the University.
Bonuses specified in collective bargaining agreements must comply with applicable standards.