Are pay raises justified?

A headline in the Sacramento Bee is definitely a head-shaker: "California Assembly speaker OKs $132,000 in staff pay hikes, promotions." It's an embarassing story for John A. PĂ©rez, who becomes speaker just as budget season gets underway and the legislature must figure out a way to close a $20 billion budget deficit. His chief of staff, Sara Ramirez, gets the largest raise, from $125,256 to $190,008.

Continued at kpcc.org


More by Mark Lacter:
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Amazon keeps pushing for faster L.A. delivery
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How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
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Crazy opening for Twitter*
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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