Bonuses and raises are on the way for faculty and staff at Florida Gulf Coast University.
President Wilson Bradshaw announced on Wednesday a one-time lump-sum bonus of $1,000 and a 2 percent pay increase effective Jan. 1 for eligible employees.
Bradshaw said in a press release that he did not expect to be able to raise salaries this year, but increased enrollment and “fiscally conservative operations” made it possible.
“We could have done some other things with that money. We could have added new positions,” said FGCU spokeswoman Susan Evans, who said Bradshaw decided faculty and staff were the first priority.
Evans said the bonus will be effective Oct. 1.
In the last year, FGCU faculty and staff received a 2 percent pay raise and a one-time $1,000 bonus. That increased pay was virtually cancelled out by a 3 percent state employee pension contribution mandated by the Legislature this spring.
Bradshaw received a 5 percent raise and a $60,000 bonus after earning high marks from trustees during his annual evaluation this summer.
As of July 1, his salary was $358,863.75, plus the $60,000 one-time bonus.
FGCU avoided layoffs amid state budget cuts this year. The university shuffled funds to complete the new health professions building while delaying other scheduled construction projects.