COMMENT #2: Salaries out of control?
I have analyzed my own company - electronic contract manufacturing - with 35 employees and an enterprise that has made reasonable profits for the past 16 years, a mid-technology company with no employee making as much as the Lieutenant in Boston, and the average personal income is aproximately $50,000. Seems about right given the national statistics for household income median.
I have to keep the employee costs under control because of the PROFIT constraint mentioned above. If I don't limit costs, the PROFITS go away, and trouble follows.
Not true of the city, who must just raise taxes - in any of a myriad of ways!
Look at your own employer and see if their data makes sense with the City of Boston! You may find it interesting!
I have to keep the employee costs under control because of the PROFIT constraint mentioned above. If I don't limit costs, the PROFITS go away, and trouble follows.
Not true of the city, who must just raise taxes - in any of a myriad of ways!
Look at your own employer and see if their data makes sense with the City of Boston! You may find it interesting!
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