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Reply #7: This guy's management, not labor. [View All]

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smoogatz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-23-10 01:38 PM
Response to Reply #6
7. This guy's management, not labor.
Edited on Fri Jul-23-10 01:39 PM by smoogatz
He negotiated that pension on his own--I doubt there was any union involvement. The problem is really that public institutions, including municipal governments, state universities, etc., have adopted the CEO system--where they're willing to make outrageous deals and pay outrageous salaries and benefits in order to hire and retain people with successful track records in administration. The problem is, just like in the business world, most of those hires were promoted past their level or competence two jobs ago, but are extremely skilled at interviewing for jobs and negotiating compensation packages. The more someone in a management position is paid, the greater the likelihood he or she will jump ship in a year or two or three for an even more lucrative offer. It just shouldn't happen--public institution that make these kinds of deals need to seriously re-examine their priorities.
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  -Means Test All Public Sector Employee Pensions Traveling_Home  Jul-23-10 11:32 AM   #0 
  - That is an ABSURD pension. There is no justification for this.  Atman   Jul-23-10 11:37 AM   #1 
  - Interesting idea, but you know it would hurt more 'little people' than Rizzos.  Lance_Boyle   Jul-23-10 11:42 AM   #2 
  - Exactly. Use the gross example to squash a lot of deserving ones.  Overseas   Jul-23-10 11:51 AM   #4 
  - They were basically stealing from the city with those salaries.  izzybeans   Jul-23-10 11:47 AM   #3 
  - No need to means test. Just have a reasonable maximum.  dkf   Jul-23-10 11:54 AM   #5 
  - We can't have our cake and eat it too on this.  newtothegame   Jul-23-10 12:03 PM   #6 
  - This guy's management, not labor.  smoogatz   Jul-23-10 01:38 PM   #7 
  - Ignore corruption just because they are union members?  Riftaxe   Jul-23-10 01:54 PM   #8 
  - This particularly egregious example is no cause for overhauling the pension system.  WinkyDink   Jul-23-10 01:56 PM   #9 
  - The pension is absurd. But you have to know a little about Bell. California  JDPriestly   Jul-23-10 02:01 PM   #10 
     - what i can't figure out is where all the money's coming from: small, low-income town.  Hannah Bell   Jul-23-10 02:04 PM   #11 
        - Something stinks in Bell.  JDPriestly   Jul-23-10 02:34 PM   #12 
 

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