ASSET INVESTMENT MANAGEMENT SYSTEM Charles Paidas,MD,MBA Chair – AIMS Committee August 29, 2007 (Presentation to FOC )
Agenda COM Bonus AIMS P4P Standards Philosophy Why reward Who to reward How to reward
Guiding Principles for 2006/2007 Bonuses Must meet AIMS minimum percentages of effort, Must consider ratings for a minimum of 2 out of 3 missions (200 points) Vice Dean Input 0-25 points
Guiding Principles for 2006/2007 Bonuses, continued Levels of Recognition Outstanding = 90% to 100% Strong – Outstanding = 80% to 89% Strong = 70% to 79% Levels of Funding Based on the number of awards, the $400,000 available pool will be dispersed utilizing the following factors: Outstanding = 2.5 Strong – Outstanding = 1.5 Strong = 1.0