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Keyword: pay

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  • New State School Super Favors Merit Pay for Teachers

    07/08/2015 1:49:29 PM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 7/5/3025 | Tom Gantert
    Outgoing State Superintendent Michael Flanagan made headlines in 2013 when he said all teachers should make $100,000. Incoming Superintendent Brian Whiston, who takes over July 1, said he also wants teachers to make more money, but with a caveat. He would prefer to see schools break from the current union scale system, where teacher pay is based on time on the job and a teacher's academic credentials. “Pay should be based on what you are teaching (subject), your evaluation, years of service, education, what extras you bring to the position (extra training, certifications, experiences),” Whiston said in an email. “I...
  • CEO pay at US’s largest companies up 54% since recovery began in 2009

    06/25/2015 9:32:52 AM PDT · by Enlightened1 · 13 replies
    The Guardian ^ | 06/25/15 | JP Morgan chief executive Jamie Dimon earned a controversial $20m in 2014. Photograph: Jessica Rina
    While America’s CEOs have seen their compensation soar in the past six years, the average annual earnings of employees haven’t budged Psst … want to earn a CEO’s hourly wage? You can. You’ll just have to toil for about five weeks to do it, without a single day off. According to the latest annual survey by the Economic Policy Institute, a progressive think tank, CEOs at the 350 largest companies in the country pocketed an average of $16.3m in compensation each last year. That’s up 3.9% from 2013, and a whopping gain of 54.3% since the recovery began in 2009....
  • Amazon to pay self-published authors based on pages read

    06/23/2015 7:53:38 AM PDT · by Enlightened1 · 11 replies
    could soon pay more to write lengthier books, if you are an author self-publishing on Inc's Kindle ebook platform. Starting next month, the e-commerce giant will pay independent authors based on the number of pages read, rather than the number of times their book has been borrowed. The move is aimed at authors enrolled in Kindle Direct Publishing platform – which lets authors set list prices, decide rights and edit the book at any time – and is applicable to ebooks made available via the Kindle Unlimited and Kindle Owners' Lending Library programs. Self-publishing has transformed what it means...
  • Liberal Columnist Disses 'Michissippians' Like It's 2009; Michigan Outperforms States He Elevates

    06/05/2015 9:11:24 AM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 6/2/2015 | Tom Gantert
    Detroit Free Press columnist Brian Dickerson stated in a column that improving Michigan roads was key to improving the state’s economic future and that’s why it was so important to pass Proposal 1. But he lamented what he saw as the attitudes of voters toward the proposal: “It's the collective shrug of Michissippians who've begun to doubt their state will ever again compete with mega-states like New York and Ohio, or even up-and-comers like North Carolina and Tennessee.” ForTheRecord says: It’s not 2009 anymore. Michigan’s job growth percentage (10.6 percent) from June 2009 to March 2015 has exceeded New York...
  • Equal pay bill passes Louisiana Senate, despite concern it would cause frivolous lawsuits

    05/13/2015 1:19:53 PM PDT · by justlittleoleme · 9 replies
    The Republic ^ | May 12, 2015 - 7:44 pm EDT | MELINDA DESLATTE Associated Press
    Louisiana's state senators chose anti-discrimination arguments over concerns about frivolous lawsuits Tuesday, narrowly backing an equal pay proposal in what has become an annual fight in the Legislature. With a 21-16 vote, senators sent the measure by Sen. Ed Murray, D-New Orleans, to the House for consideration. But it is expected to run into problems there. The House labor committee killed two similar equal pay bills last month. Murray's bill describes the state's policy as "all employees shall be compensated equally for work that is the same in kind and quality," with no distinction made because of a person's gender....
  • The 25 college majors that will lead to the lowest-paying jobs

    05/08/2015 8:19:29 AM PDT · by SeekAndFind · 33 replies
    Business Insider ^ | 05/08/2015 | Kathleen Elkins
    Before declaring your major, make sure you're passionate about the subject you decide on, particularly if you're considering working with children. Georgetown University's Center on Education and the Workforcefound in their recent report, "The Economic Value of College Majors," that education majors are paid the least, specifically those specializing in early childhood education, who earn a median annual salary of $39,000. While the paychecks are not particularly enticing, people in education find a high level of meaning from their jobs. And the satisfaction from helping others tends to outweigh the lack of pay growth. The education field is also unique...
  • The 25 Highest Paying Jobs In Demand Today

    03/18/2015 8:36:06 AM PDT · by SeekAndFind · 15 replies
    Glassdoor ^ | 03/17/2015 | Glassdoor Research Team
    Curious which jobs pay the most and are in high demand right now? Glassdoor has released its inaugural 25 Highest Paying Jobs In Demand report, identifying top jobs that pay the most and are in high demand by employers nationwide. Job seekers: While these jobs pay handsomely, it’s important to note that most also require a high level of experience, skills and education to get hired. Check out the complete results: 1. Physician Average Base Salary: $212,270 Number of Job Openings: 7984 2. Pharmacy Manager Average Base Salary: $131,099 Number of Job Openings: 1787 3. Software Architect Average Base Salary:...
  • Why the Gap Between Worker Pay and Productivity Is So Problematic

    02/25/2015 6:34:42 AM PST · by ckilmer · 5 replies ^ | Feb 25 2015, 7:30 AM ET | Gillian B. White
    One of the most frustrating parts of the sluggish recovery has been paltry wage gains for most workers. That's because even if the stock market is performing well, corporate profits are increasing, and home values are rising—one of the most direct and important ways to boost the financial health, and consumption, of the middle and lower class is through increases to worker's wages.
  • In Ann Arbor, Jim Harbaugh Gets $150,000 Academic Incentive – City's Teachers Get $150

    02/03/2015 1:17:09 PM PST · by MichCapCon · 24 replies
    Michigan Capitol Confidential ^ | 2/1/2015 | Tom Gantert
    Newly hired University of Michigan football coach Jim Harbaugh will make three times as much money if his football players hit their academic goals than if Harbaugh is named the Big Ten Coach of the Year. MLive did a story on Harbaugh’s contract that states the coach will earn $150,000 if the players hit certain academic bench marks. Harbaugh will get $50,000 if he’s picked as the league’s top coach. The academic bonus is 3 percent of Harbaugh’s $5 million annual salary. ForTheRecord says: Ann Arbor Public Schools teachers who are evaluated and given the highest rating of “highly effective”...
  • Obama Gives Military 1 Percent Pay Raise

    12/22/2014 9:16:11 PM PST · by Nachum · 36 replies
    free beacon ^ | 12/22/14 | Adam Kredo
    A majority of U.S. military service members will receive a 1 percent pay raise in their basic pay beginning in January 2015, the Pentagon announced on Monday. However, those enlisted members further down the military totem poll will see no pay raise, according to the announcement. “Basic pay for service members will increase one percent, except for general and flag officers who will not see an increase in 2015,” the Pentagon announced. This means that an Army member with the rank of corporal or specialist will receive an additional $22.20 per month, while those service members with the rank of...
  • Wow: Congress Cuts Military Pay, Opens Entitlements for Illegals!

    12/14/2014 7:42:08 PM PST · by Enlightened1 · 58 replies
    Conserviative Daily ^ | 12/14/14 | Joe Otto
    John Boehner and the rest of the GOP RINO establishment didn’t have enough Conservative votes to pass their $1.1 TRILLION budget. That’s because while these so-called “Republicans” criticized Obama’s amnesty in public, their budget completely funded it. More than 60 Republicans voted against the spending bill, forcing Boehner to get approximately 50 Democrats to vote for it. GOP leaders blocked any anti-amnesty amendments and allowed the bill to proceed without any mention of Obama’s amnesty. That means that newly “legalized” illegal aliens will begin receiving working papers and become eligible for Social Security and Medicare as soon as they come...
  • People With These College Majors Get The Biggest Pay Raises

    12/03/2014 11:35:32 AM PST · by SeekAndFind · 8 replies
    Business Insider ^ | 12/03/2014 | JACQUELYN SMITH
    When deciding what to study in college, it's important to consider the earning and growth potential for jobs associated with each major. To help you figure that out, Payscale, the creator of the world's largest compensation database with more than 40 million salary profiles, looked at the difference between starting salary (less than five years of experience) and mid-career pay (10 or more years of experience) by college major to determine the 13 majors with the largest salary growth. 13. Business & Information Technology (IT) Common jobs: Information Technology (IT) Manager, Systems Analyst, Systems Administrator Starting median pay: $56,900 Mid-career...
  • The most lucrative seven-figure MBA degrees

    10/14/2014 2:29:03 PM PDT · by SeekAndFind · 18 replies
    FORTUNE ^ | 10/14/2014 | John A. Byrne
    (Poets&Quants) — What’s an MBA degree really worth? And how much more money does an MBA from Harvard, Stanford, or Wharton get you over a career than one from Texas A&M, Ohio State, or the University of Iowa?Those are questions that perplex and confound many deciding whether to get the degree and, if so, where to get it from. Not everyone can get into the most highly selective business schools. So many candidates have to face the question over whether it’s worth getting the MBA from a second- or even third-tier school.A new analysis done exclusively for Poets&Quants by...
  • I.M.F. Takes Aim at Wall Street’s Pay System

    10/10/2014 8:00:21 AM PDT · by SeekAndFind · 7 replies
    New York Times ^ | 10/10/2014 | WILLIAM D. COHAN
    We don’t like to concede that a primary cause of the financial crisis was a Wall Street compensation system that rewarded executives, bankers and traders for taking big risks with other people’s money without holding them the least bit accountable. And because we don’t like to discuss such things in polite company, it is certainly unsurprising that six years later, not a single fundamental aspect of how Wall Street pays its top people has changed. The incentive system that handed out millions of dollars in bonuses to bankers and traders who packaged shoddy mortgages into securities and sold them as...
  • "Equal Pay for Equal Work?" Government Has No Idea What That is

    09/30/2014 7:04:47 AM PDT · by SeekAndFind · 27 replies
    American Thinker ^ | 09/30/2014 | Selwyn Duke
    “Equal pay for equal work!” the mantra goes. “Women get only 73 cents on a man’s dollar!” These are oft-heard slogans, and we may well hear them again during the fall campaign with the War on Women afoot. Now, going beyond the rhetoric, it’s not widely known but nonetheless true that the intersex pay gap is attributable to different career choices men and women make: women tend to choose less lucrative fields (e.g., soft sciences instead of hard ones), work shorter hours even when “full time,” are more likely to value personal fulfillment and job flexibility over money, are more...
  • Families of beheaded US reporters warned not to pay ransoms (could've faced prosecution)

    09/13/2014 2:41:03 PM PDT · by Libloather · 23 replies
    MSN ^ | 9/13/14
    The families of two journalists beheaded by Islamic State jihadists were both warned by US government officials they could face prosecution if they raised a ransom for their release. The recent executions of James Foley and Steven Sotloff by Islamic State (IS) extremists triggered worldwide revulsion and Washington has since declared it is at war with the radicals. The United States has a policy of never paying ransoms, contending that doing so would endanger Americans all over the world. Late Friday, a spokesman for Sotloff's family said the murdered journalist's parents were told by a White House counterterrorism official last...
  • November ballot won’t ask Californians about yanking pay of suspended lawmakers (Yee's missiles)

    08/19/2014 3:29:25 PM PDT · by Libloather · 2 replies
    Fresno Bee ^ | 8/18/14 | Laurel Rosenhall
    **SNIP** “The pro tem still wishes the bill to be considered before the end of session, and that would put the constitutional amendment on the 2016 ballot,” said Steinberg spokesman Rhys Williams. Steinberg proposed the measure after the upper house took the unprecedented step in March of suspending three of its members while maintaining their pay. Democratic Sens. Leland Yee of San Francisco and Ron Calderon of Montebello face federal bribery charges in separate cases resulting from undercover FBI stings. Sen. Rod Wright of Baldwin Hills was found guilty of perjury and voter fraud by a Los Angeles jury in...
  • Politics Pays: No society can long thrive by making its innovators subservient to its bureaucrats.

    06/29/2014 3:41:49 AM PDT · by afraidfortherepublic · 15 replies
    The National Review ^ | 6-29-14 | Kevin D. Williamson
    Chelsea Clinton, from her $10.5 million perch on Gramercy Park, declares that she finds it impossible to care about money. Bill and Hillary Clinton, shuttling between their multimillion-dollar homes — Chappaqua, Washington, the $200,000-a-month rental in the Hamptons — denounce the wicked rich and protest that they are not “truly well off.” A professor of poverty and left-wing activist at the University of North Carolina School of Law is paid $200,000 per annum to teach a single class; anti-inequality crusader Elizabeth Warren was paid $350,000 per annum to teach a single class and thinks deeply about the plight of the...
  • Lawmakers Could Be Suspended Without Pay (California & shoulder fired missiles)

    05/29/2014 2:58:40 AM PDT · by Libloather · 3 replies
    CBS Local ^ | 5/27/14
    SACRAMENTO (AP) — The state Senate has passed a proposed constitutional amendment permitting the Legislature to suspend members without pay. SCA17 passed Tuesday on a 31-3 vote. Among those voting no was a Republican lawmaker who wanted to halt tax collections for the constituents of three suspended lawmakers. Senate President Pro Tem Darrell Steinberg introduced the measure after the chamber voted to suspend the Democratic lawmakers in March. Sens. Ron Calderon and Leland Yee face federal corruption charges, while Sen. Rod Wright was convicted for lying about living in his district.
  • Vancouver teacher may have had children 'pay to potty'

    05/28/2014 9:29:37 AM PDT · by Dallas59 · 19 replies
    kirotv ^ | 5/20/2014 | kirotv
    A lesson on the value of a dollar may have gone too far in southern Washington. A school district is investigating claims a teacher caused a student to wet their pants at school. At Mill Plain Elementary in Vancouver, third grade students earn play money to buy treats. Some students said they have to use that money to get bathroom breaks, too. In the last week, there were two cases in which children chose to spend the money on the treat instead of a trip to the bathroom.
  • Which Michigan School Districts Pay The Most?

    05/09/2014 8:06:42 AM PDT · by MichCapCon · 1 replies
    Capitol Confidential ^ | 5/7/2014 | Jarrett Skorup
    The average teacher salary in Michigan's top 10 highest paying districts for 2013 was over $81,000 per year. But there appears to be no correlation between higher paid educators and student outcomes. The information comes from the latest Bulletin 1014, which was just made available from the Michigan Department of Education. The most generous paying districts, in order, are Westwood Community School District*, Warren Consolidated Schools, Center Line Public Schools, Walled Lake Consolidated Schools, Harper Woods School District, Livonia Public School District, Allen Park Public Schools, Utica Community Schools, Grosse Pointe Public Schools and Saline Area Schools. According to an...
  • Eliminating the Salaries of All McDonald's Management Would Give Each Worker a 1.5 Cent Raise

    04/29/2014 1:40:34 PM PDT · by MichCapCon · 14 replies
    Capitol Confidential ^ | 4/26/2014 | Tom Gantert
    As a union tries to make CEO pay an issue, others question the comparison. Economist Antony Davies said that if McDonald's were to not pay its CEO or all senior management and instead divide those tens of millions of dollars among the minimum wage workers, each employee would end up earning about 1.5 cents more per hour. But some groups are using executive compensation to try and drive a public discussion. The AFL-CIO launched a website that is critical of some salaries, including the heads of some Michigan companies. The union reports that a minimum wage employee would have to...
  • Idiot Sgt. Major Michael Barrett Pushes for Lower Pay for Marines Saying “It Will Raise Discipline”

    04/10/2014 5:01:45 PM PDT · by servo1969 · 59 replies
    The Daily Caller ^ | 4-10-2014 | Jim Hoft
    Sgt. Major Michael Barrett greets Secretary of Defense Chuck Hagel. (American Military News) Idiot Sgt. Major Michael Barrett, the highest enlisted member of the US Marine Corps, told Congress Marines don’t need higher pay. Barrett said he believes lower pay will “raise discipline.” Nice job looking out for your brothers, Sergeant Major. American Military News reported: The highest enlisted member of the United States Marine Corps said that lowering salary of Marines will “raise discipline” and make Marines less wasteful. The comments come as a debate in Washington talks about cutting active duty member pay in order to make sharp...
  • Per Obama, Female Soldiers Should Make Less Money than Males

    04/10/2014 4:45:19 AM PDT · by Desperado67 · 12 replies ^ | 04/09/2014 | Rob Binsrick
    In his latest White House teleprompter reading on Tuesday, President Barack Obama railed against the alleged problem of pay inequality between male and female workers. He stated assertively at one point, "Equal pay for equal work, it's not that complicated." Obama also signed two more executive orders that are tangental to the issue. So assuming that Obama is a man of his word, it is fair to say that he is about to embark on his own latest 'war on women' and declare that female members of the U.S. Army should be paid less than their male counterparts. How can...
  • General Tells Congress Troops Are Willing To Sacrifice Pay

    04/04/2014 8:36:06 AM PDT · by upbeat5 · 58 replies
    American Military News ^ | March 31, 2014 | Editorial Staff
    In testimony to Congress last week, military leaders told Congress that military personnel are understanding as to why they must take pay cuts. The officials told Congress that troops are ready and willing to sacrifice their pay. The officials said that pay cuts must come first over making cuts to equipment and training, and that the troops understand this best. ____________ Senior Pentagon officials told Congress on Tuesday that troops are willing to sacrifice portions of their pay and benefits if it means keeping and improving the training and equipment needed to do their jobs. Vice Adm. William F. Moran,...
  • Moran: Members Can’t Afford to Live Decently in D.C. (Audio) (exempt RAT wants a raise)

    04/04/2014 2:52:17 AM PDT · by Libloather · 55 replies
    Roll Call ^ | 4/03/14 | Hannah Hess
    Despite what constituents outside of Washington might think, members of Congress are underpaid, a House Legislative Branch appropriator suggested Thursday. Virginia Democrat James P. Moran said he plans to highlight the injustice by introducing an amendment to the Legislative Branch bill during its full committee markup, and at floor consideration of the bill. Moran made the comments while the bill that funds member’s $174,000 salaries was being marked up in the Legislative Branch subcommittee. “I think the American people should know that the members of Congress are underpaid,” Moran told CQ Roll Call. “I understand that it’s widely felt that...
  • Miami police officers hold protest over cuts [Can't figure out why $$ has been short since 2009]

    02/28/2014 6:21:30 AM PST · by SoFloFreeper · 8 replies
    WPLG-TV ^ | 2/27/14 | Michael Putney
    A group of Miami police officers marched into Thursday's city commission meeting ready to fight over what they call "unjust cuts."
  • Minimum wage talk has university officials concerned

    02/21/2014 5:42:26 AM PST · by AT7Saluki · 12 replies
    The Southern ^ | 2/21/14 | KURT ERICKSON
    Raising the minimum wage could cost Illinois' cash-strapped universities millions of dollars in added wages for their student workforce. With lawmakers warning of tough budget times in the fiscal year beginning July 1, the proposal to bump the wage from its current level of $8.25 an hour to $10 or more an hour is raising red flags among university officials. At SIU, for example, President Glenn Poshard said an increase could cost his institution $3.2 million in additional wages at a time when the General Assembly may be considering further cuts in aid to high education. "We need an increase...
  • Are nonprofit hospital execs overpaid? SEIU thinks you should have a vote (Oregon)

    02/15/2014 10:27:47 AM PST · by aimhigh · 7 replies
    Portland Business Journal ^ | 02/12/2014 | Elizabeth Hayes
    (Ballot) Initiative No. 39 seeks to limit nonprofit hospital executive compensation to 15 times the annual wage of the lowest paid employee. Current law sets no cap on compensation, but rather, it is considered reasonable if it is comparable to similarly situated executives, even those at for profit health organizations, according to a summary of the measure. The measure would limit the share the hospital may contribute when the compensation is paid by a parent corporation, health system or combination. It requires annual public reports and authorizes civil penalties for violation.
  • White House Denies Gender Hypocrisy

    02/01/2014 12:05:34 PM PST · by John Semmens · 4 replies
    Semi-News/Semi-Satire ^ | 31 Jan 2014 | John Semmens
    In his State-of-the-Union speech, President Obama denounced pay inequities between men and women. Critics expressing doubts about his sincerity cited the fact that on the President's own staff men are paid more than women. Among White House employees the 228 women pull down a median annual salary of $65,000 while 231 male staffers receive nearly $75,000. White House chief of staff Denis McDonough denied any hypocrisy on the part of the President. “Salaries at the White House are based on factors that consider skills, experience, level of education, and performance on the job,” McDonough said. “To use the raw data...
  • JPMorgan boosts CEO Dimon’s Pay to $20 Million

    01/24/2014 12:06:56 PM PST · by lbryce · 6 replies
    AP via Washington Post ^ | January 24, 2014 | Staff
    JPMorgan Chase almost doubled Chairman and CEO Jamie Dimon’s pay for 2013, rewarding the executive for settling probes against the bank. Dimon will receive total compensation of $20 million in 2013, consisting of $18.5 million in stock options and a base salary of $1.5 million, the bank said in a statement Friday.
  • Black male judge’s pay sparks outcry

    12/28/2013 8:48:21 PM PST · by ruralvoter · 22 replies
    Boston Herald ^ | 12/28/13 | Matt Stout
    A scathing discrimination complaint is pitting three appointees of Gov. Deval Patrick against his own administration, accusing it of paying a black male administrative judge more than three women who hold the same job, including former Democratic state Sen. Cheryl Jacques. The three Patrick-appointed administrative judges at the Department of Industrial Accidents say officials led by state labor boss Joanne Goldstein lavished a six-figure starting salary and prime downtown parking space on Judge Michael Williams, who, according to the complaint, has less experience. “Would you want to bite the hand that feeds you? None of us want to do that....
  • AP: Military Personnel Make Enough Money to Survive Pension Cuts

    12/24/2013 6:25:34 AM PST · by Zakeet · 63 replies
    Brietbart Big Government ^ | December 23, 2013 | Awr Hawkins
    With veterans' groups fighting against cuts in military pensions, the Associated Press (AP) is out with a story suggesting that in light of active duty military pay, healthcare, and "quality of life" benefits, retiring military personnel should be able to the weather the cuts that Congressman Paul Ryan (R-WI) has pushed through. According to the AP, "compensation" for active duty military "is competitive with the private sector." They try to bolster this point by showing that "an Army private with fewer than two years of service and no dependents earns on average about $40,000 annually." Later in the paragraph they...
  • Bill Would Allow Automatic Pay Increases For Public Safety Employees

    12/04/2013 7:43:42 AM PST · by MichCapCon · 8 replies
    Capitol Confidential ^ | 12/1/2013 | Jack Spencer
    A new bill giving public safety employees a carve out from a key labor reform is in the House Commerce Committee. Public Act 54 of 2011 banned seniority-based automatic pay raises for individual government employees when a union contract has expired and no replacement has been negotiated. Before enactment of the law, union members could get automatic pay increases while new contracts were being negotiated, which served as a disincentive to reaching agreements. But House Bill 5097, which has 23 co-sponsors, would exempt law enforcement and fire department employees from the law. Specifically, the exemption would apply to employees who...
  • Swiss Voters Reject Measure Curbing Executive Pay

    11/25/2013 8:37:07 PM PST · by SeekAndFind · 2 replies
    NPR ^ | 11/25/2013 | EYDER PERALTA
    Swiss voters rejected a measure on Sunday that would have capped executive pay to no more than 12 times that of the company's lowest paid worker. As NPR's Eleanor Beardsley reported, the ballot initiative was driven by the youth wing of the Social Democratic Party, which said that CEO pay has been increasing at an alarming rate. Twenty-five years ago, David Roth, head of the party's youth wing, told Eleanor, Swiss CEOs made six times more than the average worker. Today they earn 40 times as much. The Swiss, however, voted against the measure in large numbers — 65.3 percent...
  • Swiss vote against cap on executive pay: TV

    11/24/2013 7:44:00 AM PST · by george76 · 9 replies
    afp ^ | 24 November 2013 | Jonathan Fowler
    Two-thirds of Swiss voters on Sunday rejected a referendum to cap executive pay at 12 times the wage of a firm's lowest earner ... Switzerland, which has long boasted a business-friendly climate coupled with one of the highest average salaries in the world, has largely avoided the economic crisis dogging the European Union, of which it is a staunch non-member. The referendum campaign was spearheaded by the Socialist Party, plus the Greens and trade unions.
  • Digital First Media bringing online subscription model to Daily Camera, Longmont Times-Call

    11/19/2013 12:12:45 PM PST · by catnipman · 3 replies
    Longmont Times-Call ^ | 11/19/2013 | staff
    Digital First Media, the second-largest newspaper company in the United States, is adopting an all-access subscription model for its newspapers, including the Daily Camera in Boulder, the Longmont Times-Call and the Loveland Reporter-Herald. ...
  • Swiss referendum may limit executive pay

    11/17/2013 7:30:36 AM PST · by SeekAndFind · 11 replies
    American Thinker ^ | 11/16/2013 | Thomas Lifson
    The green eyed monster, envy, is inflaming people all around the world, even in usually sensible, pro-business, rich Switzerland. The Swiss, great believers in direct democracy, are going to the polls this week to vote on a referendum that would limit executive pay to a multiple of 12 times the pay of the lowest-salaried worker in an enterprise. Neil Maclucas of the Wall Street Journal writes: On Nov. 24, voters will be asked to approve or reject the 1:12 Initiative for Fair Pay, which organizers say would address a growing wealth gap in Switzerland. The initiative is premised on the...
  • State Workers Earn $5.8 Billion More Annually in Benefits Than Private Sector Employees

    10/24/2013 10:12:37 AM PDT · by MichCapCon · 2 replies
    Capitol Confidential ^ | 10/24/2013 | Jarrett Skorup
    In Michigan, the difference in benefits between state and local government workers and the average taxpayer who supports them is $5.8 billion per year, according to a new study. If the state eliminated that discrepancy, the Michigan income tax could be cut in half and there still would be money left over. Larger demands from pension funds and ever-increasing insurance premiums have been blamed for local government fiscal stress, but few citizens realize how big the gap truly is between private and public sector workers. And as compensation costs for government workers has increased much faster than the average taxpayers'...
  • Troops Forage for Food While Golfers Play

    10/03/2013 5:20:13 AM PDT · by Paul46360 · 67 replies
    "Grocery stores on Army bases in the U.S. are closed. The golf course at Andrews Air Force base is open."
  • Doctor Shocker: Patients Might Have to Pay for Their Own Prescriptions!

    10/01/2013 11:47:01 AM PDT · by sheikdetailfeather · 35 replies
    Rush Limbaugh ^ | 10-1-2013 | Rush Limbaugh
    October 01, 2013 BEGIN TRANSCRIPT RUSH: Martin in Cadillac, Michigan, as we start on the phones. I promised we'd go to the phones and we're gonna do it. Hi, Martin. Glad to have you here. CALLER: Thank you for taking my phone call, Rush. RUSH: You bet. CALLER: As I mentioned to the screener, as of October 1st, as part of the Medicaid expansion in the state of Michigan, the Health and Human Services mandate is that any doctor who is not a Medicaid enrolled provider -- if he writes in the labs, x-rays, or prescriptions, Medicaid will not reimburse...
  • Shutdown: Hundreds of thousands will go without pay as federal government loses funding

    09/30/2013 11:07:46 PM PDT · by Nachum · 64 replies
    The federal government shut down for the first time in 17 years last night. Lawmakers in the Democrat-controlled Senate and Republican-controlled Congress failed to pass a budget allowing for the federal government to continue to be funded as it headed into the new fiscal year at midnight. Late night negotiations ended in deadlock after the Senate Democrats refused to consider any version of the budget that included changes to President Obama's signature health care law. This lack of compromise means that nearly a million federal workers will go on unpaid leave until the two legislative bodies come to an agreement....
  • Government shutdown: Senate sends Obama military pay bill

    09/30/2013 2:56:59 PM PDT · by familyop · 39 replies
    Politico ^ | 30SEP13 | AUSTIN WRIGHT
    A House-passed bill to ensure the military gets paid under any government shutdown was approved without dissent in the Senate on Monday — a rare bipartisan agreement as Congress stumbled toward midnight when the fiscal year ends and current appropriations expire. The measure, now on its way to President Barack Obama’s desk, would also ensure continued pay for civilian employees of the Defense Department and Pentagon contractors whom Defense Secretary Chuck Hagel determines “are providing support to members of the Armed Forces.” Put forward by House Republicans, the bill is considered good politics for the GOP, since analysts suggest the...
  • Kerry: Arab Countries Offered to Pay for Invasion

    09/04/2013 2:50:13 PM PDT · by BarnacleCenturion · 158 replies ^ | 09 04 2013 | Aaron Blake
    Secretary of State John Kerry said at Wednesday’s hearing that Arab counties have offered to pay for the entirety of unseating President Bashar al-Assad if the United States took the lead militarily. “With respect to Arab countries offering to bear costs and to assess, the answer is profoundly yes,” Kerry said. “They have. That offer is on the table.” Asked by Rep. Ileana Ros-Lehtinen (R-Fla.) about how much those countries would contribute, Kerry said they have offered to pay for all of a full invasion.
  • Pay to See Senator Speak

    08/21/2013 9:18:55 AM PDT · by Paul46360 · 4 replies
    WNDU.COM ^ | 8-21-13
    " U.S. Senator Dan Coats has canceled a trip to Michiana. The senator was supposed to speak in Elkhart at a Lerner Theater reception on Wednesday. But The Elkhart Truth reports that business in Washington, D.C. is keeping him away. Those who registered for the reception should have been contacted Tuesday about a refund.
  • We’re No. 1 — In Public-Employee Pay: Better than the private sector and other countries

    08/12/2013 7:41:47 AM PDT · by SeekAndFind · 6 replies
    National Review ^ | 08/12/2013 | Andrew G. Biggs
    Amid the recent hubbub over municipal bankruptcies and rising public-employee pension costs, pay for state and local government employees has gotten a great deal of publicity. Lost in the press attention, however, is that federal-employee compensation remains a problem, too, and new data again indicate that Washington, D.C., may be overpaying for the two million workers it employs. In a 2011 AEI paper with Jason Richwine, I concluded that federal workers receive salaries and benefits around 37 percent higher than do private-sector workers with similar levels of education and experience. This prompted congressional requests for the Congressional Budget Office to...
  • State lawmakers to miss at least one more paycheck (Illinois)

    08/06/2013 6:34:40 PM PDT · by Libloather · 5 replies
    Chicago Tribune ^ | 8/06/13 | Monique Garcia
    Gov. Pat Quinn, in full re-election mode, took the unusual step of showing up in court today for the first hearing in lawmakers' effort to get their paychecks restored after the governor suspended their pay citing a lack of action on pension reform. The hearing before Cook County Judge Neil H. Cohen was brief and laid out the schedule of paperwork to be filed before oral arguments take place on Sep. 18. That means lawmakers stand to miss at least one more paycheck (on Sept. 1) before a ruling comes down on their request to turn the paycheck spigot back...
  • Feds pay Columbus Police to set up roadblock checkpoints in broad daylight

    08/02/2013 5:30:04 PM PDT · by Nachum · 14 replies
    youtube ^ | 8/2/13 | NBC4
    Daylight checkpoints
  • The Wrong People Care About CEO Pay, And They Care For The Wrong Reasons

    07/19/2013 7:20:54 AM PDT · by SeekAndFind · 30 replies
    Forbes ^ | 07/19/2013 | Jeffrey Dorfman
    The New York Times editorialized against “lavish” executive pay this past Sunday (July 14). I agree with The Times editorial board that there are problems with executive pay, but disagree completely with their editorial. They may be right that CEO pay is excessive, but it is for the wrong reasons. In particular, their arguments against high executive pay are irrelevant and they miss the one valid argument to rein it in. First, The Times is worried about the pay gap, the difference between CEO pay and the earnings of the average company employee. They report that average CEO is paid...
  • 10 Unusual Jobs That Pay Surprisingly Well

    07/15/2013 2:18:45 PM PDT · by SeekAndFind · 51 replies
    Forbes ^ | 07/15/2013 | Jacquelyn Smith, Forbes Staff
    According to the BLS, embalmers earn $43,680 a year. The top 10% bring in $62,230, on average. Embalming is one of the oldest-known professions, and entails getting bodies ready for interment based on legal requirements. Elsewhere in the industry, funeral service managers make $79,930 a year, on average. Top earners in this line of work are paid $140,740 a year for planning, directing, or coordinating the services or resources of funeral homes. Another unusual job that pays fairly well: Genetic counselors. According to BLS data, there are only 2,000 of these professionals in the U.S. right now. What do they...