Welcome, Guest.
Please login or register.
Metroplex Gives Out $27K In Bonuses In 2009
Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community     Chit Chat About Anything  ›  Metroplex Gives Out $27K In Bonuses In 2009 Moderators: Admin
Users Browsing Forum
Googlebot and 87 Guests

Metroplex Gives Out $27K In Bonuses In 2009  This thread currently has 816 views. |
1 Pages 1 Recommend Thread
Admin
July 15, 2010, 5:27am Report to Moderator
Board Moderator
Posts
18,484
Reputation
64.00%
Reputation Score
+16 / -9
Time Online
769 days 23 minutes
Quoted Text
METROPLEX BONUSES
    The ABO report shows the Schenectady Metroplex Development Authority distributed $27,000 in bonuses in 2009 based on performance standards. Executive Director Jayme Lahut received a $14,500 bonus, boosting his base compensation of $133,000 to $147,500 for the year. Director of Development Scott Cietek received a $7,500 bonus, rasing his base salary of $97,000 to $104,500. Finance Director James Callander’s bonus of $3,500 raised his base salary to $98,500. Metroplex Chairman Ray Gillen said staff received bonuses for opting out of the authority’s health insurance program, choosing instead to become a member of a spouse’s plan. “That saved $24,000 for Metroplex, the cost if they stayed in the Metroplex provided health insurance plan,” Gillen said. Metroplex staff also received lump sum payments at the end of the 2009 in lieu of raises. “We have not given out raises since 2007. Instead of increasing salaries, we gave them an end-of-year-payment that is not added to their base,” Gillen said. Gillen does not receive a salary as head of Metroplex. He is paid $159,885 by the county in his role as commissioner of planning and economic development. County employees received raises in 2009.

http://www.dailygazette.net/De.....r01700&AppName=1
Logged
Private Message
bumblethru
July 15, 2010, 6:09am Report to Moderator
Hero Member
Posts
30,841
Reputation
78.26%
Reputation Score
+36 / -10
Time Online
412 days 18 hours 59 minutes
So is gillen saying that it was only Lahut, Cietek and Callender who got these bonuses.....were were there more in addition to these three?


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
Logged
Private Message Reply: 1 - 4
Shadow
July 15, 2010, 6:34am Report to Moderator
Hero Member
Posts
11,107
Reputation
70.83%
Reputation Score
+17 / -7
Time Online
448 days 17 minutes
It would appear that Metroplex doesn't care at all about creating jobs, lowering the taxes, just lining their pockets with tax payer money.
Logged
Private Message Reply: 2 - 4
AVON
July 15, 2010, 9:20am Report to Moderator
Hero Member
Posts
785
Reputation
83.33%
Reputation Score
+10 / -2
Time Online
109 days 14 hours 28 minutes
EDC officials probe bonuses
Thursday, July 15, 2010
By Jim McGuire (Contact)
Gazette Reporter




Fulton County Economic Development Corp. officials are investigating six-figure executive bonuses and will report the findings to county supervisors and Assemblyman Richard L. Brodsky, EDC Board President Laurence E. Kelly said Wednesday....


              Apparently bonuses are not favorable in Fulton County!
Logged
Private Message Reply: 3 - 4
MobileTerminal
July 15, 2010, 9:26am Report to Moderator
Guest User
As they say, Only in Schenectady
Logged
E-mail Reply: 4 - 4
1 Pages 1 Recommend Thread
|

Rotterdam NY...the people's voice    Rotterdam's Virtual Internet Community     Chit Chat About Anything  ›  Metroplex Gives Out $27K In Bonuses In 2009

Thread Rating
There is currently no rating for this thread