City employees exhorbitant salaries need to be cut down
Original post made by Shocked, South of Midtown, on Apr 1, 2010
I find it absolutely shocking that it is so high, especially if you consider all the benefits, including retirement, job security and low stress 8-5 job schedule.
There was an earlier discussion about compensations of firefighters and policement, but look at other jobs that are compensated much higher than in private sector.
Director of Libraries made $170K in 2009
Open Spc & Parks Div Mgr- $170K
Building Serviceperson - $155K
Sr Resource Originator - $153K
Division Manager, Recreation - $149K
Mgr Envrn Compliance - $149K
Fire Inspector - $145K
Sr Resource Planner - $143K
Sr Mkt Analyst - $134K
Sr. Business Analyst - $132K
Mgr Budget - $128K
Business Analyst - $125K
Supv Parks - $117K
Arts & Culture Div Mgr - $117K
Sr Financial Anlyst - $112K
HR Business Analyst - $105K
And the list goes on.
Now this is truly shocking. Not only the city employees salaries are higher than in the private sector, they also get outstanding retirement benefits. For comparison, I work in HP, I have MBA from top UC school and my salary as a manager with 15 years work experience is $115K and I get a $3K yearly company match to my retirement contributions. Stock options are no longer given out, instead we get a little bit of restricted stock, but it won't be enough to ensure the level of retirement benefits that city employees get. So I propose a 20% across the board cut in salaries for everybody who is making more than %100K. This will save $20M a year in city budget. It can then be redirected to schools and aging infrastructure. What do people (not city employees of course) think about this proposal?