Forget stock options or vacation days: The new contract of Shakopee superintendent Rod Thompson offers him $30,000 toward the cost of adopting a child in the next three years.
When the school board was discussing the new contract last month, they were looking to show Thompson they appreciated his work and wanted to retain him as an employee, said board member Scott Swanson.
The board also knew that Thompson and his wife were planning on adopting a second child in the coming years, so adding the customized "adoption benefit" just made sense, Swanson said.
"From a 30,000-foot level, it offers Rod a benefit in lieu of salary … that he can use over the next three years towards associated costs in going through the adoption process," Swanson said.
While specifics of a salary increase weren't discussed, Thompson's performance has been good, and he was eligible for a raise and other added benefits, Swanson said.
Adding the adoption benefit is equal to a "modest raise," he added.
The superintendent's salary, now at $175,830, will remain almost the same, rising to $175,900 for each of the next three years. "It makes financial sense and it makes sense because it meets his needs," Swanson said.
Why not just give him a raise in the amount of the adoption benefit? One reason: If the district chooses to renew Thompson's contract again in three years, the negotiation will start at his current base salary of about $175,000, rather than a higher figure, Swanson said.