Read the full story here Web Link posted Friday, October 19, 2012, 12:00 AM
Town Square
Measure M would limit top El Camino salaries
Original post made on Oct 18, 2012
Read the full story here Web Link posted Friday, October 19, 2012, 12:00 AM
Comments (5)
a resident of Cuesta Park
on Oct 18, 2012 at 4:28 pm
Sounds to me like both sides are greedy - execs are getting paid way too much, and the union only cares whether it's getting it's share of the pie.
We need better info on the reality
- Where do current exec salaries fit in the industry standard payscales? If it's more than 60%, it is too much.
And the same applies to union employees - except here benefits and pensions are really hard to evaluate, and there are lots of accounting tricks that hide the real costs (just like government employees)
a resident of Old Mountain View
on Oct 18, 2012 at 10:17 pm
I strongly support Measure M. I think capping executive pay is a great idea. The CEO still be generously compensated at twice the governor's salary and he makes over 200,000 per year.
El Camino Hospital shouldn't pay their top executives more than what a doctor there would make. When was the last time the CEO saved a life?
a resident of Sylvan Park
on Oct 19, 2012 at 6:44 am
Vote YES on Measure M. Capping of salaries is quite common at public hospitals. Doctors are given caps by Medicare, why should it be any different for CEOs?
a resident of Rex Manor
on Oct 23, 2012 at 9:34 pm
Too much hearsay. I'm not surprised that the hospital's executives and the union representatives say what they say.
a resident of another community
on Oct 24, 2012 at 9:23 pm
Read Wikipedia "Executive Pay in the United States" and you'll wind up voting for Measure M. Look at the graph included there. Executive pay has become irrational in the U. S.
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