As revenues increase in Archdiocese of Boston, 17 chancery employees rewarded with $150,000+ salaries
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DexUK
Guest
I would guess that people concerned with setting remuneration for such posts will be sensitive to the needs of the Church vs the market in which the Church has to operate in order to find suitably talented individuals at the senior level required to carry out their roles effectively.
I would have more confidence in the diocese that paid its Financial Director a competitive $250k salary because he’s properly qualified and well experienced than paying an amateur $40k and who then ends up losing the diocese $millions through bad decisions.
Quality comes with a price. It’s a fact of life. The last thing any diocese needs right now is amateurs and unqualified people in charge. There’s been enough scandals. We don’t need more.
I would have more confidence in the diocese that paid its Financial Director a competitive $250k salary because he’s properly qualified and well experienced than paying an amateur $40k and who then ends up losing the diocese $millions through bad decisions.
Quality comes with a price. It’s a fact of life. The last thing any diocese needs right now is amateurs and unqualified people in charge. There’s been enough scandals. We don’t need more.
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ringil
Guest
What? That’s ridiculous!! Do parishoners in the archdiocese want their collections going to a $150 k. salary? I’m sorry, that’s just too much.
I’m surprised this got by Cardinal Sean.
I’m surprised this got by Cardinal Sean.
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JimR-OCDS
Guest
They’re paying the range of salary that these people would get and often times more in the private sector.
Cost of living in Boston is high and salaries for professionals such as the diocesan lawyer is going to
be in the 6 digit figure.
Would it be better to higher an attorney fresh out of law school for $60,000 ?
With the problems Boston has had, I think not.
Jim
Cost of living in Boston is high and salaries for professionals such as the diocesan lawyer is going to
be in the 6 digit figure.
Would it be better to higher an attorney fresh out of law school for $60,000 ?
With the problems Boston has had, I think not.
Jim
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MichaelTDoyle
Guest
+1
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Rich_Olszewski
Guest
Is that the only choice - a $250,000 executive (how do you know for sure that the person is going to be well qualified and well experienced? There have been multimillion dollar CEOs who weren’t worth their pay - consider the former head of Home Depot, Bob Nardelli) and an “amateur” for $40 grand? What makes you so sure that such a person is going to lose millions for the diocese?
What is that price?
Are the scandals about money or about priestly misconduct?
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Rich_Olszewski
Guest
Is that the only alternative? Hiring a person right out of law school? Aren’t there any good lawyers who don’t demand 250+ grand salaries?
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gus
Guest
Having come from the northeast,cost of living is so high salaries especially for professionals has to be high.The Median income is probably at least twice the national average.
That’s why I retired to Az
That’s why I retired to Az
G
gus
Guest
Having come from the northeast,cost of living is so high salaries especially for professionals has to be high.The Median income is probably at least twice the national average.
That’s why I retired to Az
That’s why I retired to Az
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JimR-OCDS
Guest
No, good attorneys to represent a firm or in this case, the Archdioceses come at that high of a price and higher.
In fact, you’re not just getting an attorney, you’re getting his firm to represent you.
I believe the attorney that represented the corporation I previously worked for, was getting $500,000 not counting stock options
Jim
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Rich_Olszewski
Guest
I, for one, am glad that it isn’t my diocese. I wouldn’t give a nickel to a diocese that doles out such largesse to its attorneys. If it can afford those firms, it certainly desn’t need my donations. Let wealthy Catholics pay for them.
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Skeptic92
Guest
Professional Barristers/Lawyers/Accountants demand a high wage, you think your going to get a well qualified, well experienced private Barrister/Lawyer for under a 6 figure salary, especially in areas with high living costs? Dream on, that is not life, and that is not the Jobs market. Who do you think the Barrister/Lawyer will go to, the Archdiocese offering a man/woman of their experience (let’s say 15 years since being called to the Bar, dealing with several high profile cases, writing their doctoral thesis which is waiting to be accepted by Harvard Law) £60,000, or the Big corporation just down the road from the archdiocesan office, offering £300,000 + benefits?
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ProVobis
Guest
If they’re effective. I’ve heard some do pro bono work for some parishes.
My wife used to do pro bono tax returns for the local church.
The idea is to tithe TO the church not FROM the church.
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Rich_Olszewski
Guest
I’ve done pro bono legal work for members of my parish as asked by our pastor, and a good bit of it for indigents in the area of family law.
Having those half-million dollar diocesan attorneys doesn’t guarantee an unbroken record of court victories.
BTW, whom do you think does most of the work in those diocesan attorneys’ firms? Not the lead partners, I assure you. More likely the lower paid attorneys working there.
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He_Man
Guest
636 sq. feet in Boston will cost you $419,000, with no yard. 2bedroom, 1 bath, essentially a tiny condo.
realtor.com/realestateandhomes-detail/520-Beacon-Street-Unit-3f_Boston_MA_02115_M47110-82568
I have idea if those salaries are deserved, but cost of loving in Boston through the Mid Atlantic is astronomical.
Try buying a home, or renting cheaply in those areas sometime.
Granted, jobs do not exist so people can pay bills. That is merely a byproduct of a job. A job exists because someone has a need for your skills.
realtor.com/realestateandhomes-detail/520-Beacon-Street-Unit-3f_Boston_MA_02115_M47110-82568
I have idea if those salaries are deserved, but cost of loving in Boston through the Mid Atlantic is astronomical.
Try buying a home, or renting cheaply in those areas sometime.
Granted, jobs do not exist so people can pay bills. That is merely a byproduct of a job. A job exists because someone has a need for your skills.
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ProVobis
Guest
And it takes approximately $3-10 million to generate enough money (at today’s low interest rates) to pay a single $150k salary.
Point is that not all your income needs to be derived from church coffers.
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Geist
Guest
This nation has a glut of unemployed lawyers fresh out of law school with alot of debt who will take any work they can.
And yes, these are the guys the six figure lawyer subcontracts out his non courtroom work to; i.e. the ones actually doing the work/research and writing the briefs.
Oh yeah, alot of the established firms contract that work out to India now, nevermind.
And yes, these are the guys the six figure lawyer subcontracts out his non courtroom work to; i.e. the ones actually doing the work/research and writing the briefs.
Oh yeah, alot of the established firms contract that work out to India now, nevermind.
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Havard
Guest
The salary for the average police officer in my town is over $100,000.
But then, I live in the nearly bankrupt People’s Republic of California.
The superintendent of schools in a nearby city makes around $300,000.
But then, I live in the nearly bankrupt People’s Republic of California.
The superintendent of schools in a nearby city makes around $300,000.
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JimR-OCDS
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ProVobis
Guest
It’s called PV for short and it stands for Present Value. Any financial planner knows what I’m talking about. When one looks at a steady stream of income from a source, for example, a pension, he only looks at, say $50,000 a year. Whereas the entity holding the fund looks at a required $1 million @ 5% to be able to make that payment. Actually less since eventually the person will die or the entity will procure new contributions but I think you see the point.
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