December 14, 2007
Working for Mayor Bloomberg Pays Off
Mayor Bloomberg's generosity has been noted from educational institutions (like his alma mater Johns Hopkins) and even city organizations (like the World Trade Center Memorial Foundation). He gave staffers on his re-election campaign payouts as big as $300,000-400,000. And when Deputy Mayor Dan Doctoroff announced he would leave City Hall to become president of the mayor's business, Bloomberg LP, it suggested that the Mayor rewarded staffers he trusts. Well, the NY Times now looks at how some Bloomberg aides' salaries have grown since taking the government jobs in City Hall.
A few points from the article:
- The Times notes that while the mayor has been "holding raises for other city employees to about 4 percent per year," he "has given more than 200 members of his staff increases ranging from 10 percent to more than 100 percent, the records show."
- The number of employees making $100,000 or more "$100,000 or more has risen by 59 percent" since 2002.
- "It is not unusual for mayors to reward their loyal aides, especially as they near the twilight of their tenure" (Giuliani did that) and it's seen as a way to keep important staff.
Even though many of Bloomberg's staff may be taking pay cuts to work for City Hall, we imagine that being able to put "Bloomberg administration" on one's resume would open many opportunities, so it seems like a short-term sacrifice. That is, of course, the mayor decides not to run for President (can you imagine the salaries he'd be paying for that campaign?!?).
Graphic from the NY Times
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Holy fock, Nazii Parvizi made out like a bandit in the past 5 years as well - from 70K to 177K, most of that in the past year? And I thought working for the city got you shite.
After watching Bloomberg's interview at Google some time ago, it's easy to realize whats going on here. At one point he says something to the effect of "people won't work if they don't get paid." His very businesslike approach to mayoring seems to be working out well for everyone.
At least these employees aren't being paid the balance by shady companies looking for favoritism.
It's either that, or lose them to the private sector.
I hope he runs for pres of the united states,
and loses.
These do not look like those clowns from that Michael J. Fox City Hall sitcom.
#4
This is his money, by the way, and not the city's...
Big difference.
huh, this is their city salary -- of course it is the city's money! Cant wait for the next tax increase to come our way- first property taxes hikes every year, income tax hike, then congestion pricing, then toll increase, then fare hikes, then the sales tax increase - this guy is out of control. I think its time for you to go mike. i would have thought he could tame city expenditures coming from a business background, but he seems to have made things far worse, maybe he's looking at every cost from a billionaires view?!
Well, CEO salaries for Fortune 500 companies start at about $1 million/year. How much do you think we should be paying Deputy Mayors to help run the $50 billion business that is New York City? $30K?