Read the full story here Web Link posted Thursday, October 11, 2012, 12:35 PM
Town Square
El Camino spends big bucks to defeat salary cap
Original post made on Oct 11, 2012
Read the full story here Web Link posted Thursday, October 11, 2012, 12:35 PM
Comments (15)
a resident of Shoreline West
on Oct 11, 2012 at 1:30 pm
Anybody who needs $714,460 per year is clearly incapable of managing anything. There is a clear inverse relationship between monetary wealth and intelligence. Look around.
a resident of Cuesta Park
on Oct 11, 2012 at 2:44 pm
I just voted Yes on my ballot by mail.
a resident of Sylvan Park
on Oct 11, 2012 at 5:46 pm
Why would you pay any person such a high salery at a non profit like a hospital. Are you kiddimg me? Its way too much money. Its not even worth over $225.000 and that is way too much. Lets get real and hire somemore aids or LVN or RN. We need hands on help to tend to the pstirnts.
a resident of St. Francis Acres
on Oct 11, 2012 at 8:25 pm
I am pretty sure that I will vote YES on M too. CEO salaries are out of control and we can start here at a non-profit, tax-payer funded hospital in MV.
a resident of The Crossings
on Oct 11, 2012 at 8:26 pm
Thank you for reporting on the details of this, MV Voice!
I keep on getting the "No on M" campaign literature in the mail and it is laughable. I am proud to have signed the petition to get Measure M on the ballot and will proudly vote "Yes" on November 6. A $714,460 annual salary for an employee of a non-profit is unconscionable.
a resident of Sylvan Park
on Oct 12, 2012 at 10:55 am
I have been wanting to vote yes on M since I first heard about the measure, I am still unhappy about the El Camino Hospital district taking the tax payers money to buy the Los Gatos Hospital and would like to to see it sold. Let's get rid of all of the current managers at El Camino and not over pay the new people.
a resident of another community
on Oct 12, 2012 at 12:48 pm
Who will want to work for El Camino Hospital, earn under 400, 000 dollars? El Camino has 2 hospital, main campus has 395 beds, under 2300 persons work force. Serves the cities of, Mountain View, Sunnyvale, Los Altos and LA Hills. Lots of kids were born here, treatment seekers, ops and medical needs since 1961. The hospital has gotten awards, good press and praise. Lower pay, high costs just to live, someone who must run a world class hospital in area I think would demand high standards even from a non profit.
a resident of Old Mountain View
on Oct 12, 2012 at 9:53 pm
If you aren't willing to pay the going rate you are not going to get a top candidate. Salaries will then be driven down for CxO level positions within El Camino, leading to attrition and again not being able to attract top candidates. The lower pay eventually trickles down to everyone, including nurses and SEIU workers.
The outrageous pay of CEOs is not a problem that is going to be solved by capping the salary at one hospital. I'm honestly shocked that there seems to be any level of support for M.
a resident of Cuernavaca
on Oct 13, 2012 at 6:56 am
And to whom do you think the high pay trickles down to?
a resident of Cuesta Park
on Oct 14, 2012 at 3:00 pm
It's not about "attracting a top candidate". Every public agency (or semi-public agency) seems to believe that their executives are above average, and need above average pay. If you don't have a cap, you end up paying more and more every year for the same quality management.
I'll be voting yes.
a resident of Old Mountain View
on Oct 15, 2012 at 7:50 pm
Seriously, what is keeping the CEO there when he can make more elsewhere (under this ridiculous and random cap)? Then try to hire someone who is going to make the same (or less) than his/her direct reports.
Look at who is behind the ballot initiative. It's the SEIU, acting like thugs.
a resident of Jackson Park
on Oct 16, 2012 at 10:18 am
Anyone know how to put a stop to all of the campaign mailers I'm getting from El Camino Hospital? They're huge and I get more than one per day almost every single day. I don't have a large mailbox so the postman just crams everything into the box. The amount of campaign materials I'm receiving is overwhelming!
a resident of Rex Manor
on Oct 31, 2012 at 11:43 am
I'm voting yes on measure M. Healthcare costs are spiraling out of control and cutting the CEO's salary to a more reasonable, though still generous half a million dollars, seems like a perfectly acceptable way to curb those costs.
a resident of Old Mountain View
on Nov 5, 2012 at 4:01 pm
When I first read about measure M, I too thought that capping CEO pay was a good thing. But then I actually looked at some of the facts involved in the matter, and realized that the only reason we have such a great hospital (with surplus assets in the 100's of millions of dollars) is because of its fine leadership. I like living in a community with a great hospital. If we lose the leadership, it will go down the tubes quickly. I will certainly vote NO. What a back water measure to propose in the first place.
a resident of Blossom Valley
on Nov 5, 2012 at 6:09 pm
Justin:
Does that logic apply to the banks, investment houses and auto industry as well? Astronomical salaries, disastrous results.
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