Dean Jones says:
"Say, that Executive Education can be quite lucrative for a university. I've been wanting our college to get into that market...If you would be willing to develop a proposal for setting up such a program, then I'll raise your salary to the 55th percentile! And I can increase the budget for equipment to $15,000 for hardware. All of that PLUS one research assistant for TWO calendar years. I wish I had had such a good deal when I was just starting my career!
Here is the contract package I'd like to offer you:
**ONE guaranteed trip to a conference each year for two years
**$1,000 for software to analyze data
**$15,000 for hardware (i.e., special computer processor and other equipment)
**A nine-month salary at the 55th percentile; in return you promise to develop an plan for an Executive Education program. The written plan is due one year from today.
**One graduate research assistant for TWO calendar years
**Required to teach four summer sessions, none of which count toward your teaching load
**Five-day a week teaching schedule.
If you are willing to agree to these terms, I can have the lawyer draw up the contract and you can sign it, perhaps even today. Then you will have a job 'in hand' and you won't have to worry about that aspect of your life!"
Your response:
1. That's more like it! I accept your revised offer.
2. Oh' I'm not worried. However, I do think that your offer is still a bit low...