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"Chancellor Michelle A. Rhee's name surfaced in this week's Examiner story about the $15 million in bonuses awarded since Mayor Adrian M. Fenty took office in Jan. 2007. The paper reported that Rhee received $41,250 in 2007 'after barely two months on the job.' In fact, the sum wasn't for stellar performance during her first weeks in town, but a signing bonus paid under the terms of her contract with the city.
The agreement says she's also eligible for an annual 'performance incentive bonus' of up to ten percent of her $275,000 base salary. Existing contracts are not covered by the October law the council passed to curb the bonus spree, so Rhee remains eligible. But, for the second year in a row, she says she's passed on the extra dough.
'I don't think it's right to take a bonus when the city and district are in the financial situation we face,' Rhee said in an e-mail."
The agreement says she's also eligible for an annual 'performance incentive bonus' of up to ten percent of her $275,000 base salary. Existing contracts are not covered by the October law the council passed to curb the bonus spree, so Rhee remains eligible. But, for the second year in a row, she says she's passed on the extra dough.
'I don't think it's right to take a bonus when the city and district are in the financial situation we face,' Rhee said in an e-mail."
