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December 9th, 2003, 10:23 PM
#11
I like to give to charity on occasion so I look at the overhead percentage. Some Charities around here are 10-20 percent. Way to high, that means 20 cent's to my one dollar goes to pay someone. The red cross is a huge organization of global proportions, I don't have problems with someone running a company that big - making alot of money. But when the overall overhead get's too high then one has to look at moving his money elswhere or voting members of congress OUT when talking politics. I was for term limits personally. There are good and bad points with that but I was generally in favor of it. CEO compensation plans often include more than salary added to the total, like insurance etc.
If you are managing a charity with multibillion dollars in motion, I don't see how you could get a worthy CEO on 50 or 80k a year. The real only incintive sometimes for puting up with all the bull **** is often money.
Avoid those charities with high overhead percentages. Stop re-electing those who abuse power (I know I am dreaming) because some people have been in congress for decades. I have always thought teachers were underpaid, even as a child in school. You never heard them stop harping on it. But you know what, they make damn good money and have excellent benefits. I compared these with all sorts of jobs a few years ago when I was in one of those career changing moods, tired of playing the coporate dog meat game. When compared to factories, cops, firefighters, bankers, etc. They are right there. The fact that they are underpaid, around here anyway it total bull ****.
A 1st year teacher right out of college with a BA makes at the minumum 28k as a step 1 but they can be hired at higher steps. All the adds say "negotiable" In fact you can make up to 37k with a BA and a few years experience. Shoot man, I know 1st year IT grads barely making that busting ass. I have busted ass and learned all kinds of hightly technical stuff over the years, sleepless days etc. You know what? Given my time and experience a teacher will make - not quite what i make.... BUT that's why I like this job and made the choices I did, but they will make the local average, I said "average" for a dual income family. Don't ya hate the devil's advocate in me? One teacher making the same as a dual income family on average is not grossly underpaid. Maybe I live in a shcool district that has it's **** together? Who knows, never looked anywhere else.
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