SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bentway who wrote (559082)4/6/2010 12:57:56 PM
From: Brumar891 Recommendation  Read Replies (1) of 1577122
 
Gee, a Lucifer-praising ACORN admirer bashing the Salvation Army. What a surprise.

By day, Henry Graciani oversees a 54-bed treatment center for alcoholics and drug addicts who come to him broke and hopeless. After work, he makes a quick drive to the $1.3-million Santa Monica home he shares with his wife and three children.

Graciani is not a high-paid executive returning to a beach retreat. He and his wife, Dina, are career Salvation Army officers who bring home $25,000 per year -- combined.


Lets see. $25K per year income combined for a couple. Hard to depict them as money-grubbers, oh Servant of Satan. But they live in an expensive house. Which they don't own, do they? And as for the price, is that abnormal for CA?

Graciani's two-story home is made of terra-cotta stucco and has a Spanish-tile roof and an enormous backyard with a trampoline for his children.

"The house is a nice benefit. It's not why I do what I do," Graciani said during an interview in his home's second-floor master bedroom, a ceiling fan whirling overhead.


Oh my God, the house is two story, they have ceiling fans and a trampoline for the kids. How terrible.

Factoring in the market value of the free housing -- and free cars they are issued -- officers' total compensation packages amount to about $60,000 per couple, Salvation Army officials said.

"Nobody is becoming a millionaire," said William Harfoot, a colonel who oversees the organization's operations in 13 Western states. He and his wife live in a Salvation Army property in Long Beach.
.....
From a business perspective, the housing arrangement makes sense and does not appear to be excessive compensation, said Al Osborne, senior associate dean and management professor at the UCLA Anderson School of Management.

"They have made calculations that to keep people focused on their mission, given the low wages they pay, to provide in-kind benefits of housing. I can't quarrel with it," Osborne said. "It's no different from a synagogue or church or corporation that maintains housing for its key people."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext