The report shows that, contrary to misinformation spread by some politicians and pundits, America’s highest paid "government" workers are not your local teachers, nurses, or sanitation workers. Rather, they are corporate executives who sign lucrative contracts to take over public services and then pay themselves and other executives eye-popping salaries.
This report by CMD highlights just six of these "government" workers who, between them, raked in more than $100 million from taxpayers in personal compensation during the past few years alone.
"Given these astronomical salaries, and evidence of higher prices, poor service, and at times outright malfeasance, taxpayers have every right to be concerned about how their outsourced dollars are spent," said Lisa Graves, Executive Director of CMD.
These top executives include:
- 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....