Wednesday, May 20, 2015

Report: 10 Union Leaders Make Twice as Much as CEOs .Laborers Union Honcho Makes $670,000

The Washington Free Beacon reports:
Big Labor’s battle against the One Percent does not appear to include 10 union officials who are better paid than the average American CEO, according to a new study released Wednesday.

The Center for Union Facts (CUF), a labor watchdog, identified 162 union presidents that receive compensation packages in excess of the $180,700 average take home pay that business chief executives earn. The report also identifies 10 union presidents—none of whom returned request for comment—who earn more than double that figure.

United Food and Commercial Workers Local 464 President John T. Niccollai was the highest paid union official in 2014, according to federal labor filings. He earned about $575,000 for representing 16,000 grocery store workers in New Jersey. Those workers pay the union nearly $500 in annual dues and anywhere from $50 to $150 for initiation fees.
Imagine that.