UA President Offered Bonus at Time of Budget Cuts

first_imgThe president of the University of Alaska has been offered a $320,000 bonus if he stays on the job until 2016.Download AudioThe board of regents last month voted to offer a contract extension to Pat Gamble that included the bonus, which is equal to one year of his salary.Some faculty members called the bonus inappropriate with budget cuts and layoffs planned. The University of Alaska Fairbanks plans to lay off about 40 people to close a $12 million budget shortfall. Other campuses plan to leave open positions unfilled.University system spokeswoman Kate Ripley told the Alaska Dispatch News Gamble’s pay package is modest compared to other university executives.last_img

US burger chain to open first Costa Rica location

first_imgRelated posts:Smashburger opens first Latin American restaurant in Costa Rica Starbucks buys coffee farm in Costa Rica Another fast-food chain closes in Costa Rica IHOP looking for investors to open in Costa Rica California-based burger chain Johnny Rockets will open its first restaurant in Costa Rica – one of two in the region – in August.The new eatery will be located at Mall Lincoln Plaza food court in Moravia, north of the capital.Desarrollos Gastronómicos Internacionales, owner of the local franchise, expects to add new restaurants in Escazú, southwest of San José, and in the provinces of Heredia and Alajuela by next year.The Costa Rica location will open simultaneously with one in Tegucigalpa, Honduras, as the company also owns the rights to open restaurants in that country, as well as in Nicaragua, Guatemala and El Salvador.Each restaurant will create 30-40 direct jobs and requires an investment of some ₡250 million ($500,000). Most of the materials will be imported from California “to ensure that customers have the same experience as walking into a restaurant in the United States,” Antonio Burgos, a spokesman for the company, told the weekly El Financiero.Johnny Rockets is a themed restaurant brand depicting 1950s and ’60s U.S. burger joints. There are 300 locations in 30 states in the U.S. and in other 16 countries. Facebook Commentslast_img read more