Tag: compensation

Nearly 5,700 State Employees Make Over $100,000

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Courtesy Citybizlist – Maryland Reporter’s third annual report on state salaries  found that 5,663 state employees pulled in $100,000 or greater in 2012 –about 6% of total state employees. Three out of four of these six-figure salaries are earned by people working for state colleges and universities — more than 10% of the full-time employees — led by three million-dollar coaches.

Docs Not Feeling Compensation Love

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According to U.S. Bureau of Labor statistics, doctors were among the highest paid professions last year.

But Business Insider reports that, according to a a recent compensation report by Medscape, only 11 percent of doctors consider themselves “rich.”

medscape doctor compensation rich

More than half believe that they are not being fairly compensated for their work, and almost half feel that  after expenses, insurance and debts, they feel strapped.

See doctor compensation for 2011 from the Medscape report, below.

medscape doctor compensation up down 2011

Boston Globe Slams Mayo Shattuck

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Boston Globe columnist Brian McGrory has written a scathing opinion about Constellation Energy head Mayo Shattuck. Why has Shattuck caught his attention? The writer has had his own gripes with Boston’s energy/utilities chief, NStar CEO Tom May.

An excerpt:

“I may have implied that Tom May could very well be the most overpaid executive in Boston, given that he works in a government-regulated industry in which his ‘customers’ have no real choice where they get their electricity or natural gas…I have since learned about an energy/utility executive with strong Boston ties who makes even more than Tom May of NStar and is far less impressive. I’m sorry, but who in their right mind could ever have imagined this?

His name is Mayo Shattuck III, and when the authoritative book about the absurd income disparities that have come to dominate America in the early 2000s is written, his smiling face will almost certainly be on the cover.”

Ouch!

He goes on to compare the two and concludes he’ll stick with May and “hold the Mayo.”

Read the whole story at Bostonglobe.com

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