Apparently the Truth Fairy decided to visit our house over the weekend. I opened the door and there inside the screen was a large envelope which contained some eight pages of brand spanking new documentation on the PCM incentive plan. You remember, this was the reward, not approved by any board or know by any but at most a tiny number of directors which awarded large chunks of our money to PCM executive staff. You might ask why were they rewarded and the response from PCM is that these stellar leaders saved us money and, in return, received rewards amounting to 30% of the sums saved.
The section I really, really enjoyed was the description of positions eliminated or left open which apparently reduced the service levels in all divisions and resulted in a savings of over $2.6 million dollars from 2000 to 2007. As I recall, from my industrial career, positions that were left open which did not result in a decrease in service level were eliminated. At an average savings of over $300,000 a year, just how many people were not needed by PCM? Why weren’t their positions eliminated? Were they kept on the books so that these savings would just keep on earning incentives year after year?
In another area, receiving 501(c)4 determination earned incentive payments in or from 1999, 2000, 2001, 2002, and 2004. Just how many trips to the well can one action take? From whence did the brilliant idea to file for 501(c)4 originate? Not from PCM staff, according to other documents—from the Village accountants, KPMG. And what happened to the savings, some $1.4 million? Well 30% of those funds were awarded to PCM executive staff with a large chunk of it going to Janet Price. What is 30% of $1.4 million you ask? $420,000 that PCM acknowledges awarding over those years. Janet herself apparently received some $250,000 in bonus money for just one year. Some might argue that filling out an application for 501(c)4 status as suggested by our accountant should be considered doing your job. Some of us remember a certain pride in doing your job well and being rewarded by (first) keeping your job, followed by earning relatively small increases on an annual basis. I guess we worked for the wrong companies, didn’t we?
But how much in the form of hidden funds did make their way from our pockets into the bank accounts of preferred PCM executives? Apparently the number was $3,195,484 between 2000 and 2007. And please remember that this money went to PCM executive staff, not the rank and file who mow your lawns and fix your leaky plumbing. And who awarded this money to PCM executives? Why that would be Milt Johns, without input or approval, from any director. He awarded this money to his executive staff.
As they say in television, stay tuned for coming attractions. We have not even begun to scratch the surface of this myriad of cost saving ideas. In the mean time, please think back to your working days and remember what sorts of actions you could have taken to save your company money. ABSOLUTELY every item on this document is work and savings that SHOULD HAVE BEEN DONE IN THE ORDINARY DAY TO DAY PERFORMANCE OF STAFF DUTIES.
Just how many “open positions” add up to $300,000? Who is getting paid at this level?
This document is the information given to James Matson, President of GRF, at his request for information about the Incentive Plan. It is a complete joke. Is this the information that finally led GRF to the tipping point and made them ask for Milt’s resignation? How long behind Milt are the remainder of the “executives”.
This information in its complete form is now in the hands of the IRS. I will disperse more detailed information from this document a little at a time in order that you can read and absorb the absurdity of it. This is a document the United Board does not want you to see and they violated confidentiality in order to sabotage the removal of the parties responsible; PCM and the Executive Staff at LWV.
How do I know this information is authentic? By the CONFIDENTIAL stamp at the bottom of every page. I wonder who voted to put this on every interested person’s doorstep. If you don’t have a copy and would like to have a copy, just let me know your e-mail address and I’ll be happy to send you the PDF file. No, Dave Blodgett and Ray Gros this is NOT on the LWV website.
Just a taste of the “justification” as written by Janet Price: “Positions eliminated, positions left open for some period of time, additional unbudgeted work absorbed, reduced by ANY ATTENDANT DECREASE IN SERVICE LEVELS……” emphasis is my own. This statement appears on every single page of the document and covers all the years “justified.”
MILT JOHNS AND ALL OF PCM MUST GO. NOW.
Monday, February 8, 2010
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