Thursday, 14 August 2014 00:00
Your “Train In Vain” editorial (July 16-22) referred to “genuflecting” to the MTA’s leaders — ”those six-figured salaried credits to humankind.” From that, I am inferring that you were implying that for salaries in the $100,000-to-$999,999 range, the public has a right to expect better leadership, and leaders. I agree with that, and feel even more strongly about the countless corporate executives being paid (not “earning”) seven-figure and eight-figure (millions and tens-of-millions of dollars annually) salaries. I refer to recent news stories stating that: “The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012.”
The story also said, “A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.”
Two-hundred and fifty seven times the salary! Not 257 times the hours; nor 257 times the education; nor 257 times the intelligence.
Hours Worked: Assuming a normal 40-hour work week, how many times those hours can the hardest-working CEO humanly work? Eighty hours? That would be double the hours. Even the almost-humanly-impossible 120 hours per week spent working would have the CEO working three times the average worker’s hours. Not anywhere near 257 times the hours.
Intelligence: The highest IQ for even the most brilliant human beings in the history of the world tops out at about 200. So, even the brightest CEOs would have an IQ about two times the average worker’s IQ of 100. Not 257 times the intelligence.
Education: Even if the average worker drops out of school at the end of eighth grade, and the average CEO spends 24 years in school until he gets a Doctorate (at age 29), he’ll only have three times the education. Not 257 times the education.
In conclusion, I say 257 times the salary is unjustifiable, and much more “obscene” than 4 percent raises for people who not only don’t earn millions of dollars a year, but don’t even earn 1/10 of a million dollars a year.
— Richard Siegelman
Last Updated (Monday, 29 November 1999 19:00) Wednesday, 01 October 2014 00:00
The Sewanhaka Central High School District selected Brentwood-based Park East Construction as its bond construction management firm last week. The group will oversee the $86.6 million in improvements coming to the district. Park East will analyze school architect Wiedersum Associates’ plans before applying for New York State Education Department approval.
“They are going to make sure the [firms that win district contracts] do the work right,” District Superintendent Dr. Ralph Ferrie said. “They’re going to make sure [the engineer’s] drawings are right before they are sent up to New York State. [Park East] reports directly to the architect and the Board of Education to make sure what we say we’re going to do is done well.”
Last Updated (Tuesday, 23 September 2014 10:07) Saturday, 27 September 2014 00:00
The Sept. 18 meeting of the Herricks Board of Education covered a range of issues, from the district’s overall performance to the sudden death of a student to fiscal and personnel issues—even to the loss of maple trees.
Superintendent of Schools Dr. John Bierwirth announced that the district’s high school had achieved an impressive level of distinction in a recent national survey that measured scholastic achievement; in fact, a great deal of Long Island made the cut, he said.
Thursday, 25 September 2014 00:00
Seniors Daniella Ford and Margie Londono highlight a Sewanhaka Indians girls soccer team vying for its second straight winning season.
Ford, who is in her fourth season as starting goalie for the Indians, netted a season-high 24 saves in a 3-1 loss to Valley Stream Central.
“She’s a stud back there,” said Sewanhaka third-year coach Eric Premisler, whose team is 0-3 as of press time, after going 8-3-1 last season. “If we can stop a team from taking five shots because of good defense, Daniella is going to stop another 15 shots. And we’re going to have a chance to win every game.”
Thursday, 25 September 2014 00:00
The Sewanhaka Indians continue to let their presence be felt in Nassau Conference II.
The Indians played their second game as members of the conference on Saturday, Sept. 21, against the Long Beach Marines, topping the south shore squad 51-30.
On the opening drive, the Indians relied on running back Brenton Mighty’s legs to get them into the red zone. On first and goal from the 15-yard line, quarterback Elijah Tracey hit
Michael Parasconda on a screen pass for the first score.