Sunday, March 21, 2010
The Media - The New York Times' pay scale
It DOES seem inappropriate for these and their times...
The New York Post's Keith J. Kelly takes issue with the financial choices of the New York Times:
"Top executives at the beleaguered New York Times Company reaped hefty rewards last year, with Chairman Arthur "Pinch" Sulzberger more than doubling his total compensation to $6 million.
CEO Janet Robinson got even more, reaping $6.3 million, a 31.9 percent hike.
The pay numbers were disclosed in Securities and Exchange Commission filings yesterday.
The increases come against a backdrop of declining ad revenue, layoffs, frozen pension plans, unpaid vacations and a 5 percent pay cut for most of the rank-and-file workers last year."