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Keyword: pay

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  • 307 city workers make $100K (Joliet, IL)

    02/24/2011 9:05:27 AM PST · by KeyLargo · 3 replies
    The Herald News ^ | Feb 24, 2011 | Bob Okon
    307 city workers make $100K By Bob Okon Last Modified: Feb 24, 2011 02:12AM JOLIET — A third of the city’s workforce made more than $100,000 in gross pay in 2009, and the numbers probably have not changed much since. Pay and benefits for Joliet city workers have been an issue since the city first started trying to pare them back two years ago to deal with looming budget deficits. Mayoral candidate Andrew Mihelich is pushing the issue in his campaign, and this week released his own count of 155 city employees making more than $100,000. But Mihelich’s count...
  • NHS bosses' pay soars 50% as thousands of doctors and nurses face axe

    02/23/2011 9:37:23 PM PST · by Nachum · 12 replies
    Daily Mail ^ | 2/23/11 | Sophie Borland
    NHS bosses in charge of hospitals being forced to sack thousands of staff have seen their pay soar by up to 50 per cent in the past five years, it has emerged. The chief executives at trusts facing the worst cutbacks are now on lucrative salaries far higher than the Prime Minister’s, with some earning more than £200,000. And most handed themselves comfortable pay rises last year even though hundreds of their own staff were being made redundant to reduce costs.
  • Wisconsin Teachers Who Protested In Madison Docked Pay, Disciplined (Doctors up next!)

    02/23/2011 9:16:45 PM PST · by Libloather · 24 replies
    Link only - Wisc. Teachers Who Protested In Madison Docked Pay, Disciplined
  • Wisconsin teachers and administrators pay and benefits average about $90,000

    02/22/2011 9:27:35 AM PST · by Nachum · 15 replies ^ | 2/22/11 | Dean Chambers
    The battle between the governor and teacher unions in Wisconsin is revealing the teacher and administrators in the government schools to be quite well compensated. The average full-time teacher gets salary and benefits worth about $90,000 while many principles and district administrators are paid salary and benefits worth between $160,000 to $200,000 annually. According to, the average annual teacher salary in Kenosha is $68,400 while that of Green Bay is $55.110. The average salaries in other parts of the state are comparable. When you consider the benefits above those salaries is approximately $35,000 or more per teacher, you can...
  • Proposed Funding Freeze on Step Increases and Federal Promotions Not Included in House Budget

    02/20/2011 5:37:15 PM PST · by Poundstone · 12 replies ^ | February 20, 2011 | Ralph Smith
    House Republicans have passed legislation to fund the government through the rest of the fiscal year which ends on September 30th. The budget passed after an all-night session Friday that went into early Saturday morning. The good news for federal employees is that amendments proposed to HR 1, the continuing resolution bill which had about 600 proposed amendments, did not include proposed amendments to withhold funding for within-grade increases or for promotions of federal employees.
  • Superintendents enjoy super benefits (Central TX schools)

    02/09/2011 11:36:24 AM PST · by WestTexasWend · 14 replies · 1+ views
    KXAN-TV, Austin ^ | Tuesday, 08 Feb 2011 | Nanci Wilson
    AUSTIN (KXAN) - With Texas facing a multi-billion dollar budget shortfall, every school district is facing tough decisions. Some districts are considering closing schools and laying off teachers. So, why are some districts giving their superintendent raises and super-sized benefits? And do parents really know what their superintendent earns? Apparently, not. (exerpt - continues at link below)
  • Why Are Americans So Eager to Cut Government Salaries?

    12/23/2010 7:02:39 AM PST · by Poundstone · 75 replies
    Atlantic ^ | December 21, 2010 | Derek Thompson
    Americans don't agree on much when it comes to fixing the budget, but they agree on this: They're paying government workers too much money. In an October Washington Post poll, the only major deficit-busting proposal called "totally acceptable" by a majority of respondents was to freeze the salaries of public sector employees. The president must have been reading the Post that day, because Obama's latest concession to conservatives on the deficit was a two-year pay freeze for government workers. If the president's plan gave Americans the idea that cutting public sector pay was worthwhile, conservative politicians have piled on to...
  • Temporary Spending Bill Contains Pay Freeze for Federal Employees

    12/20/2010 5:52:47 PM PST · by COBOL2Java · 14 replies · 1+ views ^ | 20 December 2010 |
    A continuing resolution that would fund the government through March 4, 2011 and freeze federal worker pay will be the subject of a vote in the Senate early Tuesday morning according to The Hill. Senate Majority Leader Harry Reid (D-NV) has filed a motion to end debate on a continuing resolution that would fund the federal government through March 4. The Senate bill is a substitute to the House-passed continuing resolution that would have funded the government through September 30 and included changes to funding sought by the Obama administration. The 36-page bill provides a small increase of $1.16 billion...
  • Public Servants Feel Sting of Budget Rancor

    12/21/2010 5:53:45 AM PST · by Poundstone · 82 replies
    Washington Post ^ | December 21, 2010 | Karen Tumulty and Ed O'Keefe
    (snip) Relative job security with generous benefits that extend into retirement has long been part of the appeal of working for the government. But an eight-hour day in a drab Independence Avenue office building can look like a supremely privileged lifestyle when Americans in the private sector are panicked and furious over what has happened to their own salaries, health coverage and 401 (k)s. Add to that the growing view that the government has gotten too big and that deficits are going to swallow the economy, and you have all the makings of a backlash.
  • Federal pay freeze? Here's the flip side

    12/19/2010 7:30:57 PM PST · by Poundstone · 114 replies · 1+ views
    CSM ^ | December 17, 2010 | Peter Grier
    Are federal bureaucrats overpaid? Lots of nonfederal bureaucrats think so. Upward of two-thirds of US voters approve of President Obama’s recent proposal to freeze feds’ wages for two years, polls show. We won’t take a position on that, other than to say we know many government workers who earn every dollar of their salary. But we will note this: Not too long ago, the big policy question regarding federal employees was not whether they made too much but whether they made too little.
  • Blanket pay-scale freeze for federal employees fails to address underlying issues

    12/13/2010 6:00:12 AM PST · by Poundstone · 10 replies
    Fedsmith ^ | December 12, 2010 | None
    Congress is likely to pass President Obama's proposed two-year freeze on the federal employee pay scale. Federal employees are an easy target, but in truth the impact of this freeze is not as broad as it would appear. For starters, this is not a freeze on most federal wages. It is a freeze on the federal wage scale. And because many employees are rewarded for time on the job with step increases, and for their performance with promotions, few federal workers will go without raises over this two-year period. In fact, according to a Federal Times analysis, 75 percent of...
  • Most employers expect to give pay raises next year, Mercer survey finds

    12/08/2010 10:40:12 AM PST · by Poundstone · 9 replies · 1+ views
    Mercer LLC ^ | August 3, 2010 | Mercer LLC
    According to Mercer’s 2010/2011 US Compensation Planning Survey, more than 98% of companies plan to award base pay increases in 2011. Moreover, just 2% of companies are planning across-the-board salary freezes next year compared to 13% in 2010 and 31% in 2009.
  • Federal Workers Rage Against President Obama's Two-Year Wage Freeze

    11/30/2010 7:58:03 AM PST · by Poundstone · 143 replies · 9+ views
    NY Daily News ^ | November 30, 2010 | John Marzulli, Kelly Burke
    Irate federal workers in New York had a few choice words for President Obama's decision Monday to freeze their wages for the next two years. "That's why Obama's ratings are below [ex-President George W.] Bush's, and that's hard to be unless you're Osama Bin Laden," said Rosemarie Clemmens of Manhattan. Clemmens, who works for the Social Security Administration, said she voted for Obama but won't again. "I can't wait until I retire," the life-long government worker added.
  • Hoyer: Military should also see pay freeze

    11/29/2010 7:29:22 PM PST · by GailA · 123 replies · 4+ views
    The Hill ^ | 11/29/10 | Russell Bermann
    The second-ranking House Democrat said Monday that President Obama’s move to freeze the pay of civilian federal employees should also be extended to military personnel. Majority Leader Steny Hoyer (D-Md.) said including the military would have increased savings and add “an element of fairness." He made the comments in a statement about he president’s announcement of a two-year pay freeze. “While I appreciate that the president reduced the length of his proposed pay freeze from three to two years,” Hoyer said in a statement, “it would have produced significantly more savings had that sacrifice been shared between federal civilian and...
  • Obama To Freeze Government Salaries At All Time High (This will make you mad Alert)

    11/29/2010 11:41:38 AM PST · by Zakeet · 52 replies
    Zero Hedge ^ | November 29, 2010 | Tyler Durden
    In 10 minutes the teleprompter in chief will announce that he is about to freeze government salaries for two years. Of course, government workers thank him, as this means federal salaries which have exploded in the past 5 years will be stuck at all time highs for at least two years, even as nominal salaries for everyone else (except FIRE workers of course) continue to decline. As we suggested a few days ago, in order to promote some vaguely credible idea of austerity, instead of freezing salaries, Obama needs to be cutting. Why? One look at the chart below explains...
  • GOP Assault on Federal Pay Puts Obama in Politically Difficult Position

    11/17/2010 8:55:14 AM PST · by Poundstone · 38 replies
    Fox News ^ | November 16, 2010 | Stephen Clark
    President Obama is stuck between a rock and a hard place, as newly empowered House Republicans unleash a torrent of proposals to shrink the size of government and following a series of reports that show federal workers increasing in numbers and salary.
  • Paying for unemployment (Just Raise Taxes in California and Leave the Rest of Us Alone!)

    11/10/2010 2:48:14 PM PST · by Libloather · 8 replies
    LA Times ^ | 11/09/10
    Paying for unemploymentTo restore sustainability, it will be necessary to increase unemployment insurance taxes and to cut benefits. November 09, 2010 California's unemployment insurance fund became insolvent nearly two years ago, and federal interest-free loans to shore it up — and to allow the state to keep paying laid-off workers without hiking the cost to businesses — are due to run out at the end of the year. The problem is basic: With unemployment at 12%, the fund is paying out far more to unemployed workers than it is taking in from employers, who fund the program through unemployment taxes....

    11/04/2010 9:59:58 AM PDT · by tysonbam · 3 replies
    The Battalion ^ | November 4th, 2010 | Taylor Wolken
    Having trouble deciding what major to pick? Then you have probably been told by an adviser, parent or a well-intentioned friend to "pick something you love." This simple, seemingly sage-like advice has been around for ages and is too often taken to heart. You need to pick a major that won't make you miserable and can support the lifestyle you intend to have. This means balancing your passion with probable earnings and job demand. Looking at potential earnings, the common thread found between top-paying majors is they require math skills. The top 10 majors, using mid-career median pay, include seven...
  • MONEY: Retroactive STOP-LOSS Special Pay, $500.00 per month.

    11/04/2010 12:06:48 AM PDT · by Yosemitest · 7 replies · 1+ views
    Current and former Airmen who were involuntarily held on active duty beyond an approved separation or retirement date as a result of stop loss between Sept. 11, 2001, and Sept. 30, 2009, may be eligible for a Retroactive Stop Loss Special Pay compensation of $500 for each whole or partial month they were affected. The 2009 War Supplemental Appropriation Act set aside $534.4 million for the Retroactive Stop-Loss Special Pay compensation authority. The Air Force used stop loss for Operation Enduring Freedom in 2001 and 2002 and Operation Iraqi Freedom in 2003. Airmen have until Dec. 3, 2010, to...
  • L.A. County workers see major pay increases

    11/01/2010 5:08:28 PM PDT · by Nachum · 12 replies
    Whittier Daily News ^ | 11/1/10 | Troy Anderson
    Amid the worst recession in modern history, the salaries of top Los Angeles County officials have shot up 12 to 45 percent in three years and some public servants are now making more than $400,000 annually in total compensation, according to county records. The analysis of a county salary database obtained through the California Public Records Act found 17,686 of the county's more than 100,000 employees make more than $100,000 annually in total pay. This includes a Coroner's Office executive secretary making $113,825 and a firefighter who collected a whopping $271,498 last year.
  • State Pension Funds: Evidence of Public Class’s Overcompensation

    11/01/2010 11:24:03 AM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 11/1/2010 | James Hohman
    Gubernatorial candidate Rick Snyder has promised to bring public employment costs down to private-sector averages, though MIRS reports (subscription required) that he expects this to be "one of the toughest things that the next governor has to do." Public employees in Michigan receive compensation packages that are generally more expensive than in the private sector, and the biggest disparities exist in the cost of benefit packages. The difference between the two is estimated at $5.7 billion. A new study details the costs for one type of benefit - retirement packages - and shows that the benefits provided by the state's...
  • Federal Pay Gap (Amazing Video--Send It To Any Undecided Friends!)

    10/25/2010 1:51:45 PM PDT · by Recovering_Democrat · 8 replies ^ | RightChange
    The Federal Pay Gap (Government pay vs. Private Sector)An excellent video from
  • No pay, no spray: Firefighters let home burn

    10/05/2010 3:20:42 PM PDT · by Nachum · 191 replies · 1+ views
    msnbc ^ | 10/5/2010 | staff
    Tennessee house in ashes after homeowner 'forgot' to pay $75 fee Firefighters in rural Tennessee let a home burn to the ground last week because the homeowner hadn't paid a $75 fee. Gene Cranick of Obion County and his family lost all of their possessions in the Sept. 29 fire, along with three dogs and a cat. "They could have been saved if they had put water on it, but they didn't do it," Cranick told MSNBC's Keith Olbermann. The fire started when the Cranicks' grandson was burning trash near the family home. As it grew out of control, the...
  • Ever wonder how Govt.employees came to be paid 50% more than comparable jobs in the private sector?

    10/03/2010 8:21:12 AM PDT · by gartrell bibberts · 5 replies
    National Treasury Employees Union ^ | 10/03/2010 | Bibberts
    Achievements of the NTEU! • Launched a successful campaign to cancel the IRS private tax collection program. • Consistently fights for fair and competitive annual pay raises for federal civilian employees. • Won and implemented the enhanced Law Enforcement Officer (LEO) retirement benefits for Customs and Border Protection Officers. • Saw the files work returned to IRS employees at seven service centers after years of opposition • Chartered new Transportation Security Administration chapters and continued nationwide organizing efforts • Won a five-year battle to defeat administration efforts to create an anti-union, anti-employee labor relations system at the Department of Homeland...
  • The More Jobs You Cut, the Higher Your Pay (When in doubt, do mass layoffs, reward shareholders)

    09/02/2010 1:14:26 PM PDT · by SeekAndFind · 23 replies
    Motley Fool ^ | 09/02/2010 | Alyce Lomax
    Since our ugly economic maelstrom begun, the companies responsible for shedding the largest numbers of workers have the highest-paid CEOs at their helms. Clearly, there's something wrong with this picture. This unpleasant finding headlined the Institute for Policy Studies' (IPS) report, CEO Pay and the Great Recession. Shareholders need to think about whether incentivizing management brutality is really the best path toward bettering corporations' long-term prospects. When leaders aren't heroes The IPS report shows that corporate America's "layoff leaders" are making out like bandits. CEOs who presided over the worst mass layoffs earned almost $12 million on average last year,...
  • Hey Rush, Hannity: Stop bashing federal employees

    08/30/2010 6:15:33 AM PDT · by Poundstone · 202 replies · 1+ views
    The North Star National ^ | August 30, 2010 | Gregory Lee
    As a retired federal government employee, I’m offended when I hear Rush Limbaugh, Sean Hannity, and a host of other conservative talk show hosts bash all levels of government employees. It seems the all-time favorite government employee to bash works for the Department of Motor Vehicles. According to the Bureau of Labor Statistics, federal government employees in 2008 earn an average of $67,691 compared to $60,046 in the private sector. This doesn’t count the benefits all federal government employees enjoy. Not all federal government employees make as much as their private sector counterparts, but many do. For example, a registered...
  • GOP seizes on private-public pay gap as a midterm election issue

    08/26/2010 6:19:01 AM PDT · by Poundstone · 31 replies
    The Hill ^ | August 26, 2010 | Jared Allen
    Federal workers have become a new flashpoint in the fight between Republicans and Democrats on the economy. House GOP Leader John Boehner (Ohio) this week blamed Democratic policies for exacerbating a gap in the pay between public and private workers that he claims was rising even as the country suffers through a housing crisis and high unemployment. House and Senate Republicans already have offered legislation to freeze the salaries of the 2 million federal employees through amendments to economic stimulus bills being ushered through Congress by Democrats. Each effort has failed due to opposition from Democrats.
  • Fairs help job-seekers with security clearances connect with intelligence firms

    08/25/2010 6:08:45 AM PDT · by Poundstone · 14 replies
    Washington Post ^ | August 24, 2010 | Dana Hedgpeth
    Outside a hotel ballroom near Baltimore-Washington International Marshall Airport airport, about three dozen men and a handful of women lined up one recent morning to get a colored dot - green, blue or red - affixed to their suits and dresses. The colors were key to what's known as the "meal ticket" for getting a job in the intelligence community: a top-secret clearance.
  • The Government Pay Bonus

    07/07/2010 5:19:41 PM PDT · by MamaDearest · 11 replies ^ | July 6, 2010 | Andrew G. Biggs and Jason Richwine
    Private employees toil 13½ months to earn what federal workers do in 12. Pay cuts, layoffs and the highest unemployment rates in decades have reignited a debate over the relative treatment of public and private workers. USA Today reported in March that federal workers earn substantially higher wages than private sector employees who work the same types of jobs.White House budget chief Peter Orszag responded that these pay differences merely reflect the superior skills of federal workers, not government largess. Adjusting for education and experience, he said, federal workers make about the same salaries as private workers.
  • Senate candidate Alexi Giannoulias (D) did not pay taxes

    07/04/2010 8:55:21 PM PDT · by Clintonfatigued · 24 replies
    The Chicago Examiner ^ | July 4, 2010 | Mary Egan
    Illinois State Treasurer and candidate for U.S. Senate Alexi Giannoulias did not have to pay his state and federal taxes this year due to losses incurred from the failure of his Broadway Bank. Giannoulias' campaign released his financial information on Friday. Giannoulias is set to receive $30,000 in tax refunds because of his bank's failure. The Treasurer has said that all of that money is going to be donated to charity. The Broadway Bank had been largely forgotten in the race for U.S. Senator, but the release of Giannoulias' financial records seems to have dredged it up once more. Giannoulias...
  • Old technology foils Schwarzenegger's wage order

    07/04/2010 10:00:51 AM PDT · by Enterprise · 82 replies · 2+ views
    Yahoo News ^ | 3 July 2010 | CATHY BUSSEWITZ
    "A state appellate court ruled in Schwarzenegger's favor Friday, but the state controller, who issues state paychecks, says he can't comply. One reason given by Controller John Chiang, a Democrat elected in 2006: The state's computer system can't handle the technological challenge of restating paychecks to the federal minimum of $7.25 an hour."
  • Obama Labor Secretary Promises Help for Illegal Aliens in PSA

    06/22/2010 8:25:58 AM PDT · by pompelmous · 4 replies
    Breitbart ^ | 22 June 2010 | Pompelmous
  • U.S. orders BP to pay for extended La. barrier island berms; repair job stalls

    06/02/2010 7:47:33 PM PDT · by Nachum · 7 replies · 398+ views
    wapo ^ | 6/2/10 | Marc Kaufman
    The White House ordered BP to pay for construction of five more large sections of Louisiana barrier island sand berms Wednesday as efforts to contain the gushing Deepwater Horizon oil spill hit more obstacles and the slick approached Florida. Speaking from the coastal town of Venice, Louisiana Gov. Bobby Jindal (R) said he had just heard from the White House that BP would be required to pay for the work. Although the projects had already passed expedited environmental approval, the administration also needed to determine whether the work would actually stop oil from entering the marshlands. "There is no time...
  • Paying Teachers Not to Teach

    06/02/2010 5:39:05 AM PDT · by MichCapCon · 4 replies · 213+ views
    Michigan Capitol Confidential ^ | 6/1/2010 | Michael Van Beek
    At a recent rally where school employees called for an increase in state taxes, a representative of the Warren Education Association claimed that school revenues were in such disrepair that some students had to go without desks. A spokesperson from Warren Consolidated Schools denied this claim, but even if it were true, a few very minor policy changes well short of tax hikes would be all that is necessary to pay for many new desks. According the the Warren district's collective bargaining agreement with teachers, the president of the local teachers union is paid the highest possible salary the contract...
  • Shamed Fergie is seeking bigger divorce payout from Andrew

    05/28/2010 4:59:51 PM PDT · by Niuhuru · 22 replies · 1,069+ views
    Daily Mail ^ | 12:02 AM on 29th May 2010 | Andrew Pierce
    The Duchess of York has held secret talks with Princess Diana's lawyers about renegotiating her 'paltry' divorce settlement with Prince Andrew. Sarah Ferguson consulted Anthony Julius at Mishcon de Reya, who famously negotiated a £17million pay off for Princess Diana when she divorced Prince Charles. The figure is in stark contrast to the £15,000 a year which the duchess receives from Prince Andrew after their marriage ended after ten years in 1996.
  • We’re running out of other people’s money

    05/26/2010 5:34:31 PM PDT · by Starman417 · 3 replies · 246+ views
    Flopping Aces ^ | 05-26-10 | DrJohn
    "The trouble with Socialism is that eventually you run out of other people's money." - Margaret Thatcher Private pay shrinks to historic lowsPaychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010. Those records reflect a long-term trend accelerated by the recession and the federal stimulus program to counteract the...
  • The School Employee Concession Myth

    05/20/2010 6:26:38 AM PDT · by MichCapCon · 1 replies · 247+ views
    Michigan Capitol Confidential ^ | 5/20/2010 | Michael Van Beek
    With Michigan's economy in decline and families departing the state in increasing numbers, tax revenues that pay for our public schools are falling. Because employee compensation costs consume around 80 percent of most school districts' operating budgets, and also include unsustainable retirement benefit provisions, the Legislature is considering proposals to reduce these expenses. Notwithstanding fiscal and economic realities, the Michigan Education Association, the state's largest school employee union, has pulled out all the stops in its efforts to shut down any reforms in this area. One of the union's tools is a claim that school employees have already made "$1...
  • House panel supports bigger raise than requested for military

    05/17/2010 5:04:44 AM PDT · by Poundstone · 10 replies · 250+ views
    Washington Post ^ | May 14, 2010 | Ed O'Keefe
    Lawmakers disregarded Defense Secretary Robert M. Gates's calls for fiscal restraint Wednesday, approving a military pay raise higher than President Obama and the Pentagon requested. The House Armed Services personnel subcommittee approved a 1.9 percent pay bump for uniformed military personnel, half of a percentage point higher than suggested in Obama's fiscal 2011 budget. The markup also increased hostile-fire pay and family separation allowances. "This raise will further reduce the gap between military and private-sector pay raises," said subcommittee chairman Susan A. Davis (D-Calif.). But the raise is in direct disagreement with the wishes of Gates, who plans to push...
  • Outrage: Obama Administration Targets Military for Pay Reductions

    05/10/2010 1:46:11 PM PDT · by Eleutheria5 · 51 replies · 1,279+ views
    Newsmax ^ | 11/5/10 | Newsmax Wires
    President Barack Obama — who came to power with the help of government employee unions across the nation and has lavished on them hundreds of billions in stimulus funds to keep them on federal, state and local payrolls with no strings attached — is moving to cut spending on salaries for military personnel. This weekend The Washington Post headlined story, "Pentagon Asking Congress to Hold Back on Generous Increases in Troop Pay,” disclosed that the Obama administration is “pleading” with Congress to give military personnel a much smaller increase in pay than lawmakers have proposed. The Pentagon contends that Congress...
  • Postal letter carriers paid more than military per Fox News article

    05/10/2010 10:22:45 AM PDT · by Stayfree · 45 replies · 1,110+ views
    May 10, 2010 | Stayfree
    An average sergeant in the Army with four years of service and one dependent would receive $52,589 in annual compensation, according to the paper. This figure includes basic pay, housing and subsistence allowances, as well as tax benefits. Meanwhile, a U.S. Postal letter carrier, with no supervisory or hazardous duty, makes approximately $80,000 a year when all benefits are factored in.
  • { Oakland Mayor Ron "Red" } Dellums skips promised pay cut

    04/29/2010 9:31:52 PM PDT · by SmithL · 8 replies · 414+ views
    San Francisco Chronicle ^ | 4/29/10 | Phillip Matier and Andrew Ross
    Despite his pledge last year to join other Oakland elected officials in taking a 10 percent pay cut, Mayor Ron Dellums has continued to collect his full $183,000-a-year salary, a spokesman for the mayor confirms. The spokesman, Paul Rose, declined to say precisely why the mayor took the extra $18,300 in pay this past year -- but there is speculation that he needed the money to help deal with his troubled personal finances.
  • Pay czar sees signs Wall Street changing pay habit

    04/26/2010 9:31:50 AM PDT · by mlocher · 8 replies · 259+ views
    Reuters via ^ | April 26, 2010 | Paritosh Bansal and Megan Davies
    BEVERLY HILLS, CA (Reuters) - U.S. pay czar Kenneth Feinberg sees early signs some Wall Street firms are voluntarily toughening up on the way they pay executives, but he cautions it remains to be seen whether such behavior becomes permanent. Feinberg, who still supervises pay practices at five firms that received money under the government's Troubled Asset Relief Program (TARP), told Reuters these signs include increasing the amount of salary paid in the form of stock and tying individual performance to company performance. "It's too early to tell," Feinberg told Reuters on the sidelines of the Milken Institute Global Conference....
  • Federal Pay Ahead of Private Industry

    03/05/2010 9:12:24 AM PST · by ezfindit · 6 replies · 392+ views
    USAToday via CDS ^ | 3/5/2010 | Dennis Cauchon
    <p>Federal employees earn higher average salaries than private-sector workers in more than eight out of 10 occupations, a USA TODAY analysis of federal data finds.</p> <p>Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector.</p>
  • Lawmaker pushes to cut congressional pay

    03/03/2010 12:09:03 PM PST · by Lucky9teen · 17 replies · 471+ views ^ | March 3, 2010; 11:27 AM ET | By Ben Pershing
    Nearly every election year, the question of whether members of Congress should receive their annual pay raise becomes a hot-button issue. Now at least one lawmaker wants to go beyond simply freezing members' salaries. On Monday, Rep. Ann Kirkpatrick (Ariz.) -- a freshman Democrat who replaced a Republican felled by scandal -- introduced the Taking Responsibility for Congressional Pay Act, which would cut the pay of all House members and senators by 5 percent in 2011. She has already picked up seven co-sponsors for the measure. In a release announcing the measure, Kirkpatrick said the pay cut was warranted because...
  • Cut Pay For Government Workers (The only way to get serious about the deficit) (

    03/02/2010 6:49:56 AM PST · by SeekAndFind · 42 replies · 1,072+ views
    Forbes ^ | 03/02/2010 | Brian Westbury and Robert Stein
    Imagine a company that dominates its field. It's been No. 1 in its industry as long as anyone can remember. But lately it's fallen on hard times. Revenue has dropped dramatically. The only thing keeping it afloat is record borrowing based on its stellar credit rating, earned many years ago. Meanwhile, independent analysts have shown that workers at this company earn higher than average wages. Moreover, the workers have skills that are not easily transferable. If this were an airline or an automaker, the solution would be a no-brainer: It would be time for a big pay cut. If the...
  • Spend now, pay later becomes our official policy

    03/01/2010 3:51:50 PM PST · by Nachum · 5 replies · 198+ views
    Times online ^ | 3/1/10 | Irwin Stelzer: American Account
    “WATCH what we do, not what we say,” President Richard Nixon’s attorney-general told the press. Unfortunately for both men, the press eventually did that, and we got the first of the “gates” — Watergate. The consequences for President Barack Obama of watching what he does rather than what he says will be less dire, but nevertheless revealing. Americans overwhelmingly say their main concern is jobs, and that they are satisfied with their present healthcare arrangements. In response, an allegedly chastened Obama “pivoted”, and said his primary concern from now on will be job creation, which will take priority over his...
  • Pentagon closer to paying Minnesota Guard bonuses

    02/15/2010 3:45:48 PM PST · by ButThreeLeftsDo · 6 replies · 342+ views ^ | 2/15/10 | AP
    The Pentagon is moving closer to paying 2,500 Minnesota National Guard soldiers who are still owed bonuses after a long deployment to Iraq several years ago. The U.S. Army has officially closed a loophole that delayed payments of about $10 million to the soldiers in Minnesota's "Red Bull" 34th Infantry Brigade. The soldiers began a 22-month deployment in 2005 that kept them in Iraq for 16 months. It became the longest deployment of any infantry unit since World War II.
  • Obama: Bonuses Earned by Some

    02/10/2010 6:15:57 PM PST · by Britt0n · 12 replies · 293+ views
    Chicago Tribune ^ | February 10, 2010 | Mark Silva
    President Barack Obama and others around the White House have had plenty to say about the bonuses which executives at bailed out Wall Street firms have collected, but there are some that the president doesn't "begrudge''' -- such as the $17 million awarded to JPMorgan Chase & Co. CEO Jamie Dimon or $9 million for Goldman Sachs CEO Lloyd Blankfein. Some athletes take home more pay than others, Obama says. In an interview iwith Bloomberg BusinessWeek, the president allowed that $17 million is "an extraordinary amount of money" from the perspective of Main Street. "There are some baseball players who...
  • Are the "Pay Czar's" Rulings Signs of Things to Come?

    02/06/2010 11:19:53 AM PST · by ConservativeHideout · 7 replies · 255+ views
    So, why care if the “Pay Czar” is going to soak some rich bankers? (Besides the fact that it’s unconstitutional.) I think this is only the beginning. As Obama’s policies either stop the economy from recovering, or even make it worse, there will be increasing calls for government assistance. As a response, the government will offer more and more “recovery” programs to “fix” what they have broken. As with any government “assistance,” it will come with strings attached. When you put together the rhetoric and the actions, I think it’s safe to assume that they left would like to extend...
  • School creep's detention haul

    02/01/2010 6:54:38 AM PST · by KeyLargo · 11 replies · 773+ views ^ | January 31, 2010 | SUSAN EDELMAN and CYNTHIA R. FAGEN
    School creep's detention haul By SUSAN EDELMAN and CYNTHIA R. FAGEN Last Updated: 8:41 AM, February 1, 2010 Posted: 4:08 AM, January 31, 2010 A Queens teacher who collects a $100,000 salary for doing nothing spends time in a Department of Education "rubber room" working on his law practice and managing 12 real-estate properties worth an estimated $7.8 million, The Post found. Alan Rosenfeld hasn't set foot in a classroom for nearly a decade since he was accused in 2001 of making lewd comments to junior-high girls and "staring at their butts," yet the department still pays him handsomely for...