Jericho school chief accepts 5-year freeze (New York, Albany: 2015, lawyers, school district)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Amid clamor over school chiefs' salaries, Jericho Superintendent Henry Grishman is taking a five-year pay freeze.
Grishman, 66, acknowledged Wednesday he'll still do well under the extended cap, which an official with the state superintendents' council said appears to be the only one of that length in New York. He will continue collecting the equivalent of this year's $288,794 base pay through the 2015-16 school year, along with $134,000-plus in annual benefits and payouts for unused sick days.
In recent months, a host of critics, including Gov. Andrew M. Cuomo , have targeted superintendents' pay -- notably, the record $405,244 paid Superintendent Carole Hankin in the neighboring Syosset - Woodbury district. Hankin has announced she'll take a freeze next year.
The Empire Center for New York State Policy, a conservative think tank in Albany , singled out Grishman along with Hankin and seven other Long Island school administrators as the highest paid in the state, with total compensation packages in 2009-10 ranging from $351,946 to $657,970 for a superintendent who retired.
you are way off gpsma! how could you expect him to function with those poverty-level wage/benefits, out children will suffer! do you hate children?! i question your motive!!??
This contract has 54 sick days a year! PLUS 24 vacation days per year -- excluding school holidays -- with an allowance to accumulate up to 48 vacation days!
Who needs 54 sick days a year???? Oh wait, they come in handy:
He's allowed to sell back up to 30 of those days to the district at $1,203 per day (total $36,094). When he retires, he can cash in the rest of his accumulated sick days up to 240, or the amount of his annual $288,000 plus payout.
So provided he works the full five years, cashes in 30 sick days a year for the first four, PLUS cashes in the balance in the fifth year, the district will owe him a total of almost $325,000 ABOVE AND BEYOND his annual base salary.
This is the equivalent of him receiving an annual increase of almost $65,000 a year beyond the $288,000+ annual base. What a scam!
Don't blame him as no one here would turn the monies down. People need to start holding their local school board officials responsible as they are the ones who sign off on these benefit laden contracts.
This contract has 54 sick days a year! PLUS 24 vacation days per year -- excluding school holidays -- with an allowance to accumulate up to 48 vacation days!
Who needs 54 sick days a year???? Oh wait, they come in handy:
He's allowed to sell back up to 30 of those days to the district at $1,203 per day (total $36,094). When he retires, he can cash in the rest of his accumulated sick days up to 240, or the amount of his annual $288,000 plus payout.
So provided he works the full five years, cashes in 30 sick days a year for the first four, PLUS cashes in the balance in the fifth year, the district will owe him a total of almost $325,000 ABOVE AND BEYOND his annual base salary.
This is the equivalent of him receiving an annual increase of almost $65,000 a year beyond the $288,000+ annual base. What a scam!
So he got a raise after all.
Just when it sounds like a school superintendent actually gets it...it turns out he doesn't. Greedy superintendents, enabling school boards, and conflicted school district lawyers...aren't we done with this mess? 54 sick days...24 vacation days...
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Let's read the actual new contract ...
