. . . a landmark agreement to establish a "pay-for-performance" model in which McGraw-Hill will receive variable compensation for those WGU students who use MHE technology and services for a particular course and pass.Through the partnership, McGraw-Hill Education will provide e-books and access to industry-leading adaptive learning tools including McGraw-Hill LearnSmart to Western Governors University's (WGU) online courses. Under this new pricing structure, the university will pay a significantly discounted flat fee for McGraw-Hill's course materials. In addition, WGU will pay McGraw-Hill a premium for each student who uses the materials and passes the course (a passing grade at WGU is equivalent to a letter grade of "B" or better). Through this new pay-for-performance model, universities and learning companies share in the accountability for student success and students gain access to premium educational materials while keeping costs low.
First published @theChalkface August 2013.It is already clear that the FBI investigation into allegations that Pilot salesmen bilked customers out of millions in rebates has tarnished the sterling reputation of Pilot, the company Haslam’s father started and which remains closely tied to the family.. . . .Haslam, who cast himself as a businessman as well as a political executive, will not be able to trade smoothly on Pilot’s good name any more. The FBI says Pilot salesmen deliberately deceived customers by telling them they were owed smaller rebates than they’d been promised.The FBI quotes sales executives describing how they cheated individual companies out of hundreds of thousands of dollars. In one instance, a top executive was asked by a customer to pay off the debt on an airplane after getting caught. The incident became a recurring joke for Pilot executives.