Posts Tagged ‘compensation’
Posted by Warm Southern Breeze on Thursday, May 26, 2016
The Mosaic Scriptural principle (which is also referenced in the New Testament) that “you should not muzzle the ox that treads out the grain” is certainly a principle with and by which we should compensate people for their labor. However, there is little disagreement that the committees that set the rewards far too often overcompensate those whom are charged with organizational oversight.
There is something to be said for fair and just compensation according to the terms of a contract, and the wishes and desires of those whom issue them.
Why then, is it that when Read the rest of this entry »
Posted in - Business... None of yours, - Faith, Religion, Goodness - What is the Soul of a man? | Tagged: boards, business, compensation, employee, executive, greed, income, money, power, salary, wealth | Leave a Comment »
Posted by Warm Southern Breeze on Thursday, April 30, 2015
UPDATE: Sunday, 14 June 2015 – Found following main body
Today (Thursday, 30 April 2015) the Alabama State Senate knocked off at 11:30, and reconvened 1PM. It’s also the final day of the Legislative Session for the week – they only work three days each week – Tuesday, Wednesday, and Thursday.
An hour and a half – that’s a nice, long lunch break for a wealthy man, a powerful man – not a working man. It’s pretty cushy for someone who works three days a week, only 30 days a year. Reckon how your boss would respond if you asked for a three-day work week and a 30-day work year?
How long do you get for lunch?
Most folks get 30 minutes.
The Alabama Senate gets THREE times longer than most working folks.
But then, excesses in Alabama state politics is nothing new.
Recall that – by law – the Alabama Legislature is limited to work <30 days/year (in a 105 day period) & for that privilege, citizens & taxpayers fork over $50K+/yr in pay & compensation to them – 35 in the Senate, and 105 in the House.
TOTAL=140 men (mostly) & women.
In stark contrast, New Mexico’s State Legislators are a Volunteer Legislature (they’re elected, yes, but unpaid), and during Session, by State Law receive a Daily Federal Per Diem, and Two-Way Mileage once during a session EXCLUSIVELY.
Legislative pay in Alabama has been a hot-button issue, particularly in recent years – and, it’s unnecessarily complicated. By State Constitutional Law, their “official” pay is Read the rest of this entry »
Posted in - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: abuse, abusive, AL, Alabama, budget, compensation, cost, Democrats, excess, excessive, expenses, fraud, GOP, greed, lavish, law, lazy, legislators, legislature, Mike Hubbard, money, news, odd, pay, peculiar, poverty, Republicans, Revenue, rich, slobs, slovenly, state, strange, taxes, taxpayer, unusual, waste, weird, work | 1 Comment »
Posted by Warm Southern Breeze on Tuesday, April 7, 2015
Yesterday, Monday, April 6, 2015, Alabama Governor Robert J. Bentley, MD signed Executive Order No.4 creating a 38-member “Alabama Health Care Improvement Task Force.”
Though the unspoken ostensible purpose of the task force is to likely make recommendations to the Governor for the expansion of Medicaid in Alabama, it’s being couched to the less-than-observant (or less-than-smart, take your pick), as a home-grown alternative to the big bad wolf of D.C. known as “ObamaCare.”
Again, for the benefit of the uneducated, in addition to decreasing fraud, waste and abuse, increasing efficiency, eliminating discrimination against women, children & people with “pre-existing” conditions, mandating numerous improvements to the quality of the delivery of healthcare from all states in order to receive payment (performance-based payment), the Patient Protection and Affordable Care Act (sometimes abbreviated as ACA, though popularly known as “ObamaCare”), contains a provision encouraging (but not requiring – that decision was made the U.S. Supreme Court) the state’s governors to expand Medicaid for their impoverished residents. The law provides for 100% payment for so doing, then gradually declines to 90%.
Governors in Kentucky and Arkansas have decided to Expand Medicaid in their states, and are already enjoying savings.
Currently, Alabama’s matching portion (the %age it pays to purchase Medicaid) is 32.4%; so to expand Medicaid, and have it ALL paid for, and then to pay a LOWER rate than is presently being paid is one of the smartest fiscal decisions the state could make.
Already, the Governors of Kentucky and Arkansas – both well-known Republican strongholds, with opposition to the ACA – have expanded Medicaid in their states, and are already reaping the rewards.
Here’s a chart showing the compensation plan to the states: Read the rest of this entry »
Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: ACA, Affordable Care Act, AL, Alabama, Alabama Medicaid, ALpolitics, Bentley, budget, commentary, compensation, Confederate, Democrat, Expand Medicaid, flag, GAO, Government Accountability Office, Governor Bentley, healthcare, history, humor, irony, law, lawsuit, Medicaid, money, Obamacare, opinion, panel, plan, politics, rate, Republican, Robert Bentley, sarcasm, stupidity, task force, taxes, truth | Leave a Comment »
Posted by Warm Southern Breeze on Monday, July 7, 2014
Years ago, I said “build a Federal Barracks for members of Congress, and have them march to work.” I still think having modest Federal Housing for members of Congress is a good idea.
Regarding their level of pay/compensation, the article’s point – that D.C. is an expensive place to live – is well taken, and it is my considered opinion in light of that fact which gives further credence to the idea of modest Federal Housing for members of Congress. In fact, if their salaries were, by law, capped at twice the median American household income (which, according to the article is now approximately $51,000), it could be an even better idea.
And, the value of the housing they would receive from the Federal Government could also be be considered a type of income. Perhaps even they could be paid a Basic Allowance for Housing in a similar fashion to our military service members for such housing.¹ An apartment building complex would most likely be the best option for in-town accommodations, which could be convenient to their work location, and it could be jointly managed by the Department of Housing and Urban Development and the National Park Service.
However, with this present miasmatic congress, I hold out little hope for any such creative laws limiting congressional compensation, or introducing Federal Congressional Barracks/Housing to be introduced – though I believe it should be done, and is long overdue, along with Term Limitations. A total of 20 years elected federal service is long enough for anyone. Two terms in the Senate (12 years), and four terms in the House (8 years) should be enough for anyone, would reintroduce vibrancy into the process of national governance, and introduce more people to the process of elected public service.
Congressman’s Lament: $174,000 Isn’t Enough To Make Ends Meet
by Liz Halloran
April 04, 2014 3:05 PM ET
In what world does an annual salary of $174,000 meet the definition of underpaid?
That would be in the nation’s capital, where soon-to-be-retired Rep. Jim Moran, D-Va., said Americans should know that their members of Congress — as the board of directors for the “largest economic entity in the world” — are underpaid.
The longtime congressman made his comments Thursday after the House voted for the sixth straight year to deny members an automatic cost-of-living raise they’re entitled to under law.
Not surprisingly, reaction to Moran’s assertion was Read the rest of this entry »
Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: abuse, capitol, COLA, compensation, Congress, Cost Of Living Adjustment, Democrat, Do Nothing Congress, excess, excessive, expense, fraud, GOP, housing, income, law, limits, money, news, Republican, salary, taxes, taxpayer, term, term limitation, term limitations, Washington D.C., waste | Leave a Comment »
Posted by Warm Southern Breeze on Sunday, April 21, 2013
I wouldn’t have believed it had I not read it for myself from the official Congressional website.
U.S. Representative Martha Roby, a Republican from Alabama’s 2d Congressional District has introduced H.R. 1406, officially named the “Working Families Flexibility Act of 2013” which would END the requirement of the Fair Labor Standards Act for employers to pay Time-and-a-Half to employees for every hour worked over 40 in one week.
The Congressional Budget Office has reported on the bill, and in part wrote that: Read the rest of this entry »
Posted in - Lost In Space: TOTALLY Discombobulated, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: Alabama, cheat, child labor, compensation, Congressional Budget Office, deception, Egypt, employees, Fair Labor Standards Act, family, GOP, governance, government, Hewlett-Packard, industrialist, labor, law, Let my people go., liars, management, Martha Roby, Moses, offshore, offshoring, overtime, overtime pay, pay, Pharaoh, policy, poll, radical, rate, Republican, Right to Work, Robber Baron, Robber Barons, Roby, Southen Poverty Law Center, steal, taxes, Tea Party movement, theft, theives, Time-and-a-half, unfriendly, United States, United States House of Representatives, unjust, weasel, Wikipedia | 351 Comments »
Posted by Warm Southern Breeze on Wednesday, December 26, 2012
Perhaps the most telling rationale, or motivation for the course upon which corporations have set is explained in this statement by ANDREW SMITHERS: Yes, the current way in which managements are rewarded is perverse from an economic viewpoint. Adam Smith pointed out that some characteristics of human beings such as greed, which are often unpleasant at a personal level, can nonetheless bring social benefits. But this is not necessarily the case under current remuneration systems; greed is increasingly the cause of harm rather than help to the economy.
The long and short of it, is greed. And in that paragraph is the solitary mention of the word or practice.
Philosophically, this time, this period in our nation’s history – and in the history of the world, and in the greater, long term picture of humanity – is yet another prime example, and case in point illustrating why and how the selfishness of greed is unsustainable and genuinely evil.
Capital Wins, Labor Loses, But Andrew Smithers Says It Can’t Go On
MAKING SENSE — December 26, 2012 at 4:48 PM EDT
BY: PAUL SOLMAN
Warehouse manager at operations desk on computer. Photo courtesy of John McBride & Company Inc.
Paul Solman: Jon Shayne is not just the world’s No. 1 econo-crooner, belting out economics tunes of his own invention under the stage name Merle Hazard at his own website and for the PBS NewsHour audience on inflation, on the Greek debt crisis, on the euro crisis in general, on too-big-to-fail banks, and most recently, on the fiscal cliff.
No, Shayne/Hazard is no one-trick pony. He is also a noted money manager, recently highlighted by Forbes magazine for his perspicacity in stock-picking. Wrote Forbes: “If you follow the stock market, Jon Shayne is worth a good, long listen. Especially now.”
Having listened to Jon plenty over the past few years, I agree, especially with his emphasis on the increasing share of national income commanded by the owners of capital, in contrast to labor. This angle is the focus of Forbes’ story as well.
So I asked Jon to elaborate for the Making Sen$e audience. He has done so by interviewing the person who inspired his thoughts on the subject, British economist Andrew Smithers, who formerly ran the asset management business of S.G. Warburg, and now Read the rest of this entry »
Posted in - Business... None of yours, - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: Adam Smith, analysis, ANDREW, Andrew Smithers, business, CEO, Company, compensation, corporations, economics, Economist, economy, employee, employment, enterprise, European sovereign debt crisis, executives, family, Federal Reserve Bank of New York, Forbes, free enterprise, greed, jobs, JON, JON SHAYNE, labor, London, management, market, money, news, PBS NewsHour, profit, stocks, worker, workers | Leave a Comment »
Posted by Warm Southern Breeze on Friday, April 1, 2011
Those “poor, poor” rich men. We shouldn’t tax those poor, poor souls because they, in their mercy, give jobs to us, the genuinely wealthy slobs who do not need them. No, Congress should cut their taxes, and should not tax multi-national corporations such as General Electric which makes billions in profits and does not pay any income tax. In fact, Congress should eliminate all taxes upon the über-wealthy and should tax the poor! (sarcasm ends here)
CEO pay soars while workers’ pay stalls
By Matt Krantz and Barbara Hansen, USA TODAY
Updated: 04/01/2011 9:20am
CEOs didn’t have to cry poor for long.
The heads of the nation’s top companies got the biggest raises in recent memory last year after taking a hiatus during the recession.
At a time most employees can barely remember their last substantial raise, median CEO pay jumped 27% in 2010 as the executives’ compensation started working its way back to prerecession levels, a USA TODAY analysis of data from GovernanceMetrics International found. Workers in private industry, meanwhile, Read the rest of this entry »
Posted in - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: CEO, compensation, Congress, corporation, federal, government, injustice, justice, news, pay, politics, rich, tax, taxes, wealth | 4 Comments »
Posted by Warm Southern Breeze on Friday, November 5, 2010
Google rarely contacts Gmail users via email, but we are making an exception to let you know that we’ve reached a settlement in a lawsuit regarding Google Buzz (http://buzz.google.com), a service we launched within Gmail in February of this year.
Shortly after its launch, we heard from a number of people who were concerned about privacy. In addition, we were sued by a group of Buzz users and recently reached a settlement in this case.
The settlement acknowledges that we …Continue…
Posted in - Read 'em and weep: The Daily News | Tagged: action, Buzz, class action, compensation, court, federal, Gmail, Google, judge, law, privacy, settlement, suit, violation | Leave a Comment »