What People Earn

"I will study and get ready and someday my chance will come." -Abraham Lincoln

Ministers and Parliamentary Officers Salary Bill 2008

Rush Limbaugh sets new deal

Rush Limbaugh
© AP
Rush Limbaugh

NEW YORK (AP) -- Approaching his 20th anniversary as talk radio's most dominant force, Rush Limbaugh has signed a lucrative new deal with Premiere Radio Networks that will keep him on the air until 2016.

Premiere wouldn't disclose details on Wednesday, but Limbaugh told The New York Times in an article to be published Sunday that he would be getting a nine-figure signing bonus and would make about $38 million a year.

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Limbaugh's three-hour show, broadcast from his office in Florida, is heard on some 600 radio stations across the country. More than 14 million people listen to him at least once a week, according to Talkers magazine. Sean Hannity is second with more than 13 million listeners.

"This is exactly where I want to be, doing what I was born to do, with an amazing audience and phenomenal support from affiliate stations and sponsors," Limbaugh said in a statement. "I'm having more fun than a human being should be allowed to have."

He declined an interview request from The Associated Press. Great Links:

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  • What People Earn: How Does Your Salary Stack Up?

    "Parade Magazine's What People Earn 2008"
    Name Age Profession City State Salary
    Dean McIlvaine 50 Farmer West Salem Ohio $30,000
    Jeff Foxworthy 49 Comedian Atlanta Georgia $10 million
    John Vinson 58 Bounty Hunter Morgantown Virginia $74,000
    John Paulson 52 Hedge-Fund Manager New York New York $3.5 billion
    Renita Rhodes 31 Software Engineer St. Louis Mo. $72,000
    Brian Leachman 34 Car Sales Manager Odenton Maryland $205,000
    Mary Ellen Warren 66 Airline Baggage Agent Houston Texas $24,000
    Jeanette Lee 36 Billiard Player Mooresville Tennessee $650,000
    Captain Richard Barnett 34 Air Force Fire Chief Augusta Georgia $70,000
    Trouble 8 Leon Helmsley's Dog Sarasota Florida $12 million
    Manny De Leon 35 Tow-Truck Driver Portland Oregon $42,000
    Shetal Amin 31 Speech Pathologist Piscataway New Jersey $85,000
    Miley Cyrus 15 Singer/Actress Los Angeles California $18.2 million
    Cynthia Hess 55 Psychic Albuquerque New Mexico $38,000
    Gary Zell 42 Meteorologist Tucson Arizona $77,500
    Katherine Heigl 29 Actress Los Angeles California $11 million
    Timothy Janus 31 Competitive Eater New York New York $25,000
    Susan Chick 50 Weight-loss Facilitator Merrimack New Hampshire $27,000
    Carrie Underwood 25 Singer Nashville Tennessee $7 million
    Eileen Welsh 44 Preschool Teacher Roslyn Pennsylvania $15,000
    Deborah Baker 48 Graphic Illustrator Radcliff Kentucky $32,000
    Jessica Alba 26 Actress Los Angeles California $9 million
    Donna Puls 44 Locksmith Iowa City Iowa $45,200
    Jimmy Parrish 55 ID Theft Consultant Birmingham Alabama $143,000
    Meredith Vieira 54 Television Anchor New York New York $10 million
    Chelsea Lynn 23 Television Reporter Anchorage Alaska $28,900
    Sue Gage 52 Janitor Shelby Township Michigan $10,700
    Grace Jones 45 Dental Assistant Pleasant Prairie Wisconsin $41,000
    Thomas O'Neill 52 Corrections Officer Yonkers New York $150,300
    Mary-Kate Olsen 21 Actress/Entrepreneur New York New York $17 million
    Keith Moore 19 Theme-Park Worker Del City Oklahoma $11,400
    Travis Michalak 29 Nuclear Chemist Barnegat New Jersey $77,800
    James McNerney 58 CEO, Boeing Chicago Illinois $19 million
    Elizabeth Moisant 73 Comic Book Publisher Oak Park Illinois $110,000
    Sandra Urena 35 Casino Dealer Atlantic City New Jersey $45,000
    Patricia Wytroval 49 Apprentice Meat Cutter Flagstaff Arizona $30,800
    Kevin Wright 45 Massage Theapist Columbia City Indiana $40,000
    Shirley Cole 69 Adoption Recruiter Helena Montana $26,000
    Scarlett Johansson 23 Actress New York New York $5 million
    Phillip Cecil 49 Locomotive Engineer Knoxville Illinois $71,000
    Edward Perry 26 Peace Corp Volunteer Los Angeles California $2,900
    Ryan Seacrest 33 TV/Radio Host Los Angeles California $12 million
    Jason Miller 34 Rodeo Steer Wrestler Lance Creek Wyoming $178,000
    Lynn Hosford 57 Home Daycare Provider Rumford Rhode Island $56,000
    Eli Manning 27 NY Giant Quarterback New York New York $11.5 million
    Jessica Zimmermann 26 Secrete Service Officer Washington D.C. $48, 400
    Brian Prigel 48 Mayor Bingen Washington $3,600
    Tiger Woods 32 Golfer Orlando Florida $115 million
    Bernie Sanders 66 U.S. Senator Burlington Vermont $165,200
    Jessica Townsend 33 Crime-scene Technician Mobile Alabama $35,000
    50 Cents 32 Rapper New York New York $33 million
    Nathan Bueker 25 Bouncer Devenport Iowa $8,000
    Book Smart:
    The Philadelphia Enquirer reported that "companies value tech professionals' MBA degrees much more than experience according to reseach from the University of Maryland's business school." Research shows that an IT professional with an MBA degree earns 46% more than a counterpart with only a bachelor's degree. "Our reseach shows confirms that getting an MBA is the single move you can make to increase your value as an IT professional in today's market," says Sunil Mithas, a professor and author of the study. The Philadelphia Enquirer, Sunday, April 13, 2008. pG1.

    2007 Executive Compensation Report: The 10 biggest pay packages

    1 2 3 4 5 6 7 8 9 10

    $83.1 million
    John Thain
    Merrill Lynch

    $61.2 million
    Lawrence Ellison
    Oracle

    $54.0 million
    Lloyd Blankfein
    Goldman Sachs Group

    $50.1 million
    Kenneth Chenault
    American Express

    $33.6 million
    Ray Irani
    Occidental Petroleum

    $29.0 million
    MilesWhite
    Abbott Laboratories

    $28.9 million
    James Dimon
    JPMorgan Chase

    $27.7 million
    Robert Iger
    Walt Disney

    $26.9 million
    Alan Lafley
    Proctor & Gamble

    $26.6 million
    George David
    United Technologies

    2007 Executive Compensation Report: The $1.00 Salary Executives

    Company Executive Salary: Base Pay Bonus Other Compensation Stock & Option Awards Total Compensation Change from 2006 Shareholder return Value of exercised options
    Apple Steve Jobs $1 $0 $0 $0 $1 n/a 99% $14,644,800
    Google Eric Schmidt $1 $1,898 $478,662 $0 $480,561 -14% 50% n/a
    Source: USA Today, Thursday April 10, 2008. p3B

    Why Did They Sell All and Buy Nothing?


    Highly paid Chief Financial Officers (CFO) who sold their stocks towards the end of 2007.
    Company CFO Buy Sells Base Salary 2006 Last Transaction
    Goldman Sachs David A. Viniar $0 $32.5 million $600,000 October 30, 2007
    Southwestern Energy Gregory D. Kerley $0 $26.2 million $310,000 December 12, 2007
    Valero Energy Michael S. Ciskowski $0 $22.9 million $465,000 October 16, 2007
    McDonald's Matthew H. Paull (now retired) $0 $15.6 million $683,333 December 13, 2007
    Brinks Robert T. Ritter $0 $11.6 million $456,750 November 7, 2007
    Source:"Selling Out", CFO Magazine; p87. March 2008.
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    Enterprise Rent-A-Car


    Just who went Smiling to the Bank in 2007?


    Another Research from Mwape.com

    These two former Presidents shook hands on December 31, 2006


    Actress Thandie Newton

    Graduating senior Bupe Mazimba runs to see her parents after they got out of a car during her graduation ceremony, Saturday. Her parents arrived at the Whitefield Airport on a chartered airplane in time to see their daughter graduate.
    Rutgers Coach Greg Schiano is the highest paid public employee in the state (of New Jersey), receiving nearly $1.8 million in 2007
    Rutgers Coach Greg Schiano is the highest paid public employee in the state (of New Jersey), receiving nearly $1.8 million in 2007

    2007: Rutgers (University) doles out 1,700 six-figure salaries

    More than 1,700 Rutgers employees earned six-figure salaries last year, according to a review of Rutgers University payroll information.

    The salary figures for all 11,542 Rutgers employees became available today at the Data Universe link on the Web sites of the Courier-Post and other Gannett New Jersey newspapers.

    The information was obtained through an Open Public Records Act request, a method used in New Jersey to obtain government records.

    The data report base salary and gross compensation for 2007. Gross compensation includes such things as overtime, bonuses and/or retroactive pay.

    According to the figures, Rutgers University President Richard L. McCormick, who was appointed in 2002, received his retention bonus last year. McCormick, 59, collected $500,000 on top of his $525,000 salary under terms of his contract. That contract called for him to be paid a $100,000 per year bonus if he stayed at the school for five years. He did.

    But even with the bonus, he was not the most highly compensated employee on the payroll.

    That distinction went to Rutgers football coach Greg Schiano.

    Schiano, who is the highest paid public employee in the state, has a base salary of $450,000 and guaranteed incentives that will push the gross to $1.6 million through June 30, 2009. The contract could be worth as much as $2.1 million by the time it expires in 2016, if he meets each incentive.

    Perks include a car, a country club membership, and an $800,000 interest-free home loan that will be paid for by the university if he remains the coach through 2016. The loan was used to build a 5,000-square-foot home on land Schiano purchased near Rutgers Stadium in the fall of 2006.

    Schiano, in his eighth year at Rutgers, received a contract extension in early 2007, two months after he turned down an offer to coach at the University of Miami.

    In December, Schiano spurned an offer to coach at the University of Michigan.

    Including bonuses, Schiano grossed nearly $1.8 million in 2007, which ranked 22nd nationally and second among Big East coaches last season.

    Under Schiano, Rutgers has risen from the dregs of college football to a team that's appeared in bowl games in three consecutive seasons. Schiano declined to comment for this story, as did Rutgers' Director of Athletics Robert Mulcahy. Salary range

    The salaries at the university range from Schiano's $1.7 million to classroom teaching assistants and/or secretaries who earned between $28,000 and $33,000. Those employed in dining services earned somewhat less. Teaching assistants' salaries varied widely, beginning with a base salary of about $19,800, but rising to about $28,000 with other compensation added in.

    According to Data Universe figures, the median salary for 2006 was $44,463. It rose to $47,317 in 2007.

    The combined base salaries for all Rutgers employees throughout the university system for 2007 was $700.9 million. Competitive salaries

    McCormick's base salary is on par with Penn State President Graham B. Spanier. According to the Chronicle of Higher Education, Spanier's base salary was $545,000. Spanier is also given a car, house and an expense account for 2006-2007.

    "In a way, a president is a CEO. There's a national market for presidents. You have to make sure your CEO is well-paid or else (competitors) will steal them away," said Paul Shelly, spokesman for the New Jersey Association of State Colleges and Universities in Trenton.

    In 2006, Rutgers women's basketball coach C. Vivian Stringer earned a base salary of $207,355. Her gross pay for that year was $485,288.20. For 2007, she received $450,000 as a base salary. Her gross pay was $749,528.15.

    Beginning in 2009-2010, Stringer's base salary increases to $500,000 and her guaranteed income will be $985,000. If she meets every bonus stipulated in the contract Stringer would earn more than $1.2 million.

    The Scarlet Knights have a 19-3 overall record this season and are ranked seventh in the Associated Press Top 25.

    Stringer's salary ranks third nationally behind Tennessee's Pat Summitt and Connecticut's Geno Auriemma.

    Stringer's counterpart in West Virginia, Mike Carey, is much lower on the earnings scale. He received a base salary of $126,024 for the 2006-2007 season.

    Figures for the 2007-2008 season were not immediately available.

    Mulcahy, as athletic director, received a $325,000 base salary that rose to $378,290 gross when other compensation was added in.

    Philip Furmanski, executive vice president for academic affairs, had a gross compensation of $387,718 on a base salary of $420,000. Rutgers spokesman Greg Trevor explained that Furmanski's base salary was raised late in the year.

    The university president, who questioned the news value of this story, was quick to point out that his salary last year was a one-year event because he received the bonus that was part of his contract with the university.

    "Not a thing has changed in five years," he said, adding that his base salary hasn't "changed by a nickel" during that time.

    McCormick does enjoy other perks.

    The university agreed to give the president and his family annual membership to the Werblin Center or another New Brunswick athletic club and the Rutgers Golf Course.

    McCormick, who said he doesn't play golf, opted for membership in a New York Sports Club branch in New Jersey.

    In recent years, the Rutgers University community has felt the fiscal crunch.

    In 2006, there were state funding cuts of more than $66 million at Rutgers and layoffs of 189 staff members plus hundreds of part-time lecturers. Numerous course sections were slashed.

    In contrast to generous salaries, Karen Thompson, who has been a lecturer with the university for almost 30 years, receives just under $4,000 per course and teaches two to three courses a year.

    Thompson, who works part-time, doesn't get health benefits or tuition remission unlike teaching assistants who can earn about $20,000 a year.

    McCormick, when asked if some Rutgers salaries are top-heavy, indicated that "all of the salaries of our university employees are negotiable at the bargaining table," adding that approximately 90 percent of employees are union members.

    In addition, he said that salaries of non-union employees like himself are set in a market context.

    This article was first published in Courier-Post Sunday, February 11, 2008.

    2006: Psychiatrists highest-paid N.J. workers

    The highest-paid New Jersey state employee in 2006 was someone you have probably never heard of.

    It was not Gov. Corzine. It was not the chief justice of the state Supreme Court. It was not the state treasurer, the attorney general, or any of the cabinet members.

    It was Lourdes Montezon, a clinical psychiatrist who admits and treats mentally ill patients at the Sen. G.W. Hagedorn Psychiatric Hospital in Hunterdon County. Last year, Montezon made roughly $277,000, about $116,500 of that by working extra shifts.

    The second-highest-paid employee is another clinical psychiatrist, Mohammad Bari, who works at Trenton Psychiatric Hospital and pulled in $263,615 last year, $103,077 of that above his base salary.


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