I was shocked to read this story in the NY Times online today.
Apparently even during these times of dwindling profits and services rendered, chiefs at Boys and Girls Clubs and the American Heart Association are making close to a million dollars a year in salaries and bonuses.
This is an outrage when one considers that many of these organizations receive tax dollars to sustain and support them - yes - that's yours and mine - cold hard-earned cash - given to agencies with a propensity to overpay their chiefs in this economic downturn.
Lawmakers are thankfully looking into these issues and are doing what they are supposed to do - look out for the best interests of the American taxpayers.
I want non profits to have the best and the brightest - don't misunderstand what I am saying - I just think we need to do this the right way and with appropriate renumeration.
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I think you are right to be concerned, the last decade spawned greed of gross proportions, and every head honcho thought they were worth at least the odd million or two and were paid accordingly, but we live in an entirely different economic climate now, and salaries of this scale can no longer be justified.
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