I didn't know there was an actual term for it.Quote:
Originally Posted by JBMcB
I didn't know there was an actual term for it.Quote:
Originally Posted by JBMcB
A quick reading of a few articles on the subject via google shows that there are methods used by 'salaried' staff:Quote:
Originally Posted by DetroitPlanner
from http://www.bloomberg.com/news/2011-0...-official.htmlQuote:
Last year, Quincey, 51, negotiated a new contract in which the city agreed to add reimbursements for his car, housing and other costs directly into his paycheck, according to public records. When he retired, the combined payments would be counted in his final year’s salary and used as the basis for calculating his pension for life.
When the foxes are guarding the henhouse, all kinds of things happen. You'll notice this isn't an hourly union employee issue, this is something that hurts all employees and taxpayers.
Other techniques involvement payment of banked holiday or vacation pay.
[[Also please note that not all salaried employees are exempted from overtime rules. If you do not supervise two employees, you probably are paid overtime if you work more than 40 hours -- even if you are 'salaried' -- see Fair Labor Standards Act.)
Can anyone confirm that Ficano is still being investigated or did the feds investigation fail to find anything substantial on him?
the feds have been indicting and charging a bunch of ficano's former aides and such. they probably got this huge list of people to sort out. how many people did ficano hire 100s?
whens turkia mullens time?
Michael Grundy
Tahir Kazmi
David Edwards
"Edwards is the fifth former member of the Ficano administration to face federal corruption charges."
what the feds usually do is net everyone of the little guys they can, and start building a case for the big guys. the big guys have bigger lawyers, so its more difficult to nail them unless theres hard evidence or a witness w/ recorded conversations. then they offer the lil guys some pleas if they will cooperate with the investigation on the big fish.
look at how long they spent trying to get kwame. not an open and shut case at all.
As stated some time ago, what needs to change is how the city and county calculates pension pay prior to retirement. They calculate the highest total of earnings the last few years prior to retiring. If you earned 100k, 80k, 85k, 78k etc.... your last 4 or 5 years, it boosts your payment, instead of averaging the total number of earnings for each year worked. I believe that's how it was explained to me by a former city employee.
Well in all fairness, 55k a year isn't bad because he's not going to get any benefits. Imagine hiring a new employee then you will be paying way more than 55k a year with all the taxes, health insurance, etc... I don't understand why the 100k pension comes into play in all of this.