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snot

(10,520 posts) Wed Feb 26, 2014, 06:08 PM Feb 2014

Report Exposes America's Highest Paid Government Workers

They're "the corporate executives who sign lucrative contracts to take over public services and then pay themselves and other executives eye-popping salaries":

George Zoley, America's highest paid "corrections officer" and CEO of private prison giant GEO Group. Zoley made $22 million in compensation between 2008 and 2012. CMD estimates that GEO Group makes 86 percent of its revenue from the taxpayers. GEO Group writes language into private prison contracts that forces taxpayers to keep prisons full or else pay for empty beds. GEO Group has faced hundreds of lawsuits over prisoner deaths, assaults, excessive force, and more, which have led to secret court settlements.

David Steiner, president and CEO of Waste Management, is America's highest paid "sanitation worker." Steiner made a whopping $45 million in compensation from 2006 to 2012. Waste Management's makes about 50 percent of its revenue from U.S. taxpayers, says Goldman Sachs.

Ron Packard of K12 Inc. is America's highest paid "teacher." Packard made more than $19 million in compensation between 2009 and 2013, despite the alarming fact that only 28 percent of K12 Inc. cyber schools met state standards in 2010-2011, compared to 52 percent of public schools. CMD estimates that K12 Inc. makes 86 percent of its revenue from the taxpayers.

Jeffry Sterba, president and CEO of American Water Works Company, is America's highest paid "water worker." Sterba has made $8.3 million in the three years he has been top executive. American Water is the largest for-profit provider of water and wastewater services in the United States. CMD estimates that American Water makes approximately 89 percent of its revenue from taxpayers.

More at http://www.prwatch.org/node/12393 .