The Conservative Cave
Current Events => Politics => Topic started by: Chris_ on October 21, 2010, 06:15:38 PM
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Auditors say the New Jersey Turnpike Authority wasted $43 million on unneeded perks and bonuses. In one case, an employee with a base salary of $73,469 earned $321,985 when all payouts and bonuses were included.
The biggest expense uncovered in the audit was $30 million in unjustified bonuses to employees and management in 2008 and 2009 without consideration of performance.
Another audit finding was that employees were allowed to cash out a portion of their unused sick and vacation days at the end of the year to circumvent the current $15,000 limit for sick leave payouts upon retirement. That cost $3.8 million a year.
Public money was also used to cover costs for a toll operators event that none of the authority's employees actually attended.
My Fox NY (http://www.myfoxny.com/dpp/traffic/traffic_news/audit-excessive-perks-for-nj-turnpike-employees-20101019-apx)
Any money wasted during the fiscal year should be withheld from next year's budget. Just an idea.
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My Fox NY (http://www.myfoxny.com/dpp/traffic/traffic_news/audit-excessive-perks-for-nj-turnpike-employees-20101019-apx)
Any money wasted during the fiscal year should be withheld from next year's budget. Just an idea.
I like that idea :hi5:
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It's a common misconception that the Turnpike jobs are low-paying (Jusat base salary, that is), in reality they are anything but.