OT: Public pay & benefits

[jpinpb]

[quote=sdrealtor]As for the base salaries that is exactly my point. They dont make base salaries they make gross earnings with exorbitant benefits that similar folks in the private sector dont enjoy.
[/quote]

I am self-employed, as I imagine you are as well. I’m not privvy to what is made working for corporations in the private sector, other than hearsay, but I imagine some of this is basic:
Annual Paid Holidays
Days Annual Paid Vacation/Sick Leave
Health/Dental Insurance

The life insurance, I think, would be a given considering they are risking their life.

So what we’re coming back to is the retirement/pension.

You say you did not make that much during the bubble years. Perhaps that’s just you. I know a few realtors that did extremely well. I know some mortgage guys that did very well.

Also the idea that everyone wants to be a fireman and there’s a waiting list, may it is b/c there is a pension.

Take away that security and see how many people would sign up and stay even through bubble years.

I’m not sure how much it costs to train firemen from day one to when they’re out there, but for police it’s anywhere from 60-100k. That would be a lot of wasted money if people keep jumping ship every few years and the City would have to start over and retrain. It would get costly, not to mention not have the seasoned person knowing what they’re doing out there.

[sdrealtor]

jp
It should not surprise you to hear this but Realtors are notorious liars about what they earn. They are taught that you need to be perceived as sucessful because successful people want to work with other succesful people. Thats why some many of them run around in leased cars they really cant afford.

During the bubble I worked in what is one fo the best RE offices in SD County. There were a few big producers who have been in the business for years. These folks earned alot of money before, during and after the bubble. They are good business people and always will do so. As for me I did just fine during the bubble years. Not what I would consider extremely well or even very well but I earned a decent living.

You say you know a few realtors who “did extremely well”. I challenge that! Have you seen their tax returns? Even better PM me a name or two and I can look up in the MLS exactly what they sold and should be able to caluculate their approximate earnings. Its a small exercise but if you are willing to do it, I think I can dispel that myth for you once and for all.

[sdrealtor]

jp
It should not surprise you to hear this but Realtors are notorious liars about what they earn. They are taught that you need to be perceived as sucessful because successful people want to work with other succesful people. Thats why some many of them run around in leased cars they really cant afford.

During the bubble I worked in what is one fo the best RE offices in SD County. There were a few big producers who have been in the business for years. These folks earned alot of money before, during and after the bubble. They are good business people and always will do so. As for me I did just fine during the bubble years. Not what I would consider extremely well or even very well but I earned a decent living.

You say you know a few realtors who “did extremely well”. I challenge that! Have you seen their tax returns? Even better PM me a name or two and I can look up in the MLS exactly what they sold and should be able to caluculate their approximate earnings. Its a small exercise but if you are willing to do it, I think I can dispel that myth for you once and for all.

[sdrealtor]

jp
It should not surprise you to hear this but Realtors are notorious liars about what they earn. They are taught that you need to be perceived as sucessful because successful people want to work with other succesful people. Thats why some many of them run around in leased cars they really cant afford.

During the bubble I worked in what is one fo the best RE offices in SD County. There were a few big producers who have been in the business for years. These folks earned alot of money before, during and after the bubble. They are good business people and always will do so. As for me I did just fine during the bubble years. Not what I would consider extremely well or even very well but I earned a decent living.

You say you know a few realtors who “did extremely well”. I challenge that! Have you seen their tax returns? Even better PM me a name or two and I can look up in the MLS exactly what they sold and should be able to caluculate their approximate earnings. Its a small exercise but if you are willing to do it, I think I can dispel that myth for you once and for all.

[sdrealtor]

jp
It should not surprise you to hear this but Realtors are notorious liars about what they earn. They are taught that you need to be perceived as sucessful because successful people want to work with other succesful people. Thats why some many of them run around in leased cars they really cant afford.

During the bubble I worked in what is one fo the best RE offices in SD County. There were a few big producers who have been in the business for years. These folks earned alot of money before, during and after the bubble. They are good business people and always will do so. As for me I did just fine during the bubble years. Not what I would consider extremely well or even very well but I earned a decent living.

You say you know a few realtors who “did extremely well”. I challenge that! Have you seen their tax returns? Even better PM me a name or two and I can look up in the MLS exactly what they sold and should be able to caluculate their approximate earnings. Its a small exercise but if you are willing to do it, I think I can dispel that myth for you once and for all.

[sdrealtor]

jp
It should not surprise you to hear this but Realtors are notorious liars about what they earn. They are taught that you need to be perceived as sucessful because successful people want to work with other succesful people. Thats why some many of them run around in leased cars they really cant afford.

During the bubble I worked in what is one fo the best RE offices in SD County. There were a few big producers who have been in the business for years. These folks earned alot of money before, during and after the bubble. They are good business people and always will do so. As for me I did just fine during the bubble years. Not what I would consider extremely well or even very well but I earned a decent living.

You say you know a few realtors who “did extremely well”. I challenge that! Have you seen their tax returns? Even better PM me a name or two and I can look up in the MLS exactly what they sold and should be able to caluculate their approximate earnings. Its a small exercise but if you are willing to do it, I think I can dispel that myth for you once and for all.

[Anonymous]

[quote=jpinpb]You guys are saying 3k a month is exorbitant? [/quote]

And are you saying that $3K is the only compensation firefighters get?

What most of us are saying is that much or their compensation is in other “hidden” forms, such as access to liberal overtime policies and extremely generous pensions.

We are also saying that the curve is incredibly steep – their compensation grows *much* faster than comparable professions, and after just twenty years many firefighters get a retirement package that essentially makes them multi-millionaires.

But the MAIN point of what we are saying is that firefighter salaries seem to be exempt from the basic laws of supply and demand. It’s very simple:

Any job with backlog of applicants and a two-year waiting list pays more than the job requirements demand.

Since the government is operating with a huge deficit, why would we ever choose to pay more than we have to for anything?

[Anonymous]

[quote=jpinpb]You guys are saying 3k a month is exorbitant? [/quote]

And are you saying that $3K is the only compensation firefighters get?

What most of us are saying is that much or their compensation is in other “hidden” forms, such as access to liberal overtime policies and extremely generous pensions.

We are also saying that the curve is incredibly steep – their compensation grows *much* faster than comparable professions, and after just twenty years many firefighters get a retirement package that essentially makes them multi-millionaires.

But the MAIN point of what we are saying is that firefighter salaries seem to be exempt from the basic laws of supply and demand. It’s very simple:

Any job with backlog of applicants and a two-year waiting list pays more than the job requirements demand.

Since the government is operating with a huge deficit, why would we ever choose to pay more than we have to for anything?

[Anonymous]

[quote=jpinpb]You guys are saying 3k a month is exorbitant? [/quote]

And are you saying that $3K is the only compensation firefighters get?

What most of us are saying is that much or their compensation is in other “hidden” forms, such as access to liberal overtime policies and extremely generous pensions.

We are also saying that the curve is incredibly steep – their compensation grows *much* faster than comparable professions, and after just twenty years many firefighters get a retirement package that essentially makes them multi-millionaires.

But the MAIN point of what we are saying is that firefighter salaries seem to be exempt from the basic laws of supply and demand. It’s very simple:

Any job with backlog of applicants and a two-year waiting list pays more than the job requirements demand.

Since the government is operating with a huge deficit, why would we ever choose to pay more than we have to for anything?

[Anonymous]

[quote=jpinpb]You guys are saying 3k a month is exorbitant? [/quote]

And are you saying that $3K is the only compensation firefighters get?

What most of us are saying is that much or their compensation is in other “hidden” forms, such as access to liberal overtime policies and extremely generous pensions.

We are also saying that the curve is incredibly steep – their compensation grows *much* faster than comparable professions, and after just twenty years many firefighters get a retirement package that essentially makes them multi-millionaires.

But the MAIN point of what we are saying is that firefighter salaries seem to be exempt from the basic laws of supply and demand. It’s very simple:

Any job with backlog of applicants and a two-year waiting list pays more than the job requirements demand.

Since the government is operating with a huge deficit, why would we ever choose to pay more than we have to for anything?

[Anonymous]

[quote=jpinpb]You guys are saying 3k a month is exorbitant? [/quote]

And are you saying that $3K is the only compensation firefighters get?

What most of us are saying is that much or their compensation is in other “hidden” forms, such as access to liberal overtime policies and extremely generous pensions.

We are also saying that the curve is incredibly steep – their compensation grows *much* faster than comparable professions, and after just twenty years many firefighters get a retirement package that essentially makes them multi-millionaires.

But the MAIN point of what we are saying is that firefighter salaries seem to be exempt from the basic laws of supply and demand. It’s very simple:

Any job with backlog of applicants and a two-year waiting list pays more than the job requirements demand.

Since the government is operating with a huge deficit, why would we ever choose to pay more than we have to for anything?

[Allan from Fallbrook]

[quote=sdrealtor]JP
As always you greatly overestimate the money people made in RE during the bubble. The real money was made by people who sold homes and are now whining on the sidelines that prices havent corrected enough.

As for the base salaries that is exactly my point. They dont make base salaries they make gross earnings with exorbitant benefits that similar folks in the private sector dont enjoy.

Lastly, cops are different and I dont see folks clamoring for or complaining about their jobs or earnings. The good ones have tough jobs and should be paid for what they have to deal with. While I dont know as much about what they make I would be far less likely to quibble over it. Fireman are another matter entirely[/quote]

Sdr: You make a good point regarding base salaries. I happen to know cops on some of the major metro California forces (SDPD/SDSO, SFPD and LAPD) and their gross earnings are significantly higher than the base salary, and largely due to overtime. One of the cops actually turned down a move from SWAT to detective Robbery/Homicide because of the big drop in pay due to way less overtime as a detective. Working as a SWAT team leader, this guy was making six figures a year, with a large chunk of that coming in overtime pay. He was also former Marine Recon, so I don’t think being a detective appealed to him for other reasons as well.

[Allan from Fallbrook]

[quote=sdrealtor]JP
As always you greatly overestimate the money people made in RE during the bubble. The real money was made by people who sold homes and are now whining on the sidelines that prices havent corrected enough.

As for the base salaries that is exactly my point. They dont make base salaries they make gross earnings with exorbitant benefits that similar folks in the private sector dont enjoy.

Lastly, cops are different and I dont see folks clamoring for or complaining about their jobs or earnings. The good ones have tough jobs and should be paid for what they have to deal with. While I dont know as much about what they make I would be far less likely to quibble over it. Fireman are another matter entirely[/quote]

Sdr: You make a good point regarding base salaries. I happen to know cops on some of the major metro California forces (SDPD/SDSO, SFPD and LAPD) and their gross earnings are significantly higher than the base salary, and largely due to overtime. One of the cops actually turned down a move from SWAT to detective Robbery/Homicide because of the big drop in pay due to way less overtime as a detective. Working as a SWAT team leader, this guy was making six figures a year, with a large chunk of that coming in overtime pay. He was also former Marine Recon, so I don’t think being a detective appealed to him for other reasons as well.

[Allan from Fallbrook]

[quote=sdrealtor]JP
As always you greatly overestimate the money people made in RE during the bubble. The real money was made by people who sold homes and are now whining on the sidelines that prices havent corrected enough.

As for the base salaries that is exactly my point. They dont make base salaries they make gross earnings with exorbitant benefits that similar folks in the private sector dont enjoy.

Lastly, cops are different and I dont see folks clamoring for or complaining about their jobs or earnings. The good ones have tough jobs and should be paid for what they have to deal with. While I dont know as much about what they make I would be far less likely to quibble over it. Fireman are another matter entirely[/quote]

Sdr: You make a good point regarding base salaries. I happen to know cops on some of the major metro California forces (SDPD/SDSO, SFPD and LAPD) and their gross earnings are significantly higher than the base salary, and largely due to overtime. One of the cops actually turned down a move from SWAT to detective Robbery/Homicide because of the big drop in pay due to way less overtime as a detective. Working as a SWAT team leader, this guy was making six figures a year, with a large chunk of that coming in overtime pay. He was also former Marine Recon, so I don’t think being a detective appealed to him for other reasons as well.

[Allan from Fallbrook]

[quote=sdrealtor]JP
As always you greatly overestimate the money people made in RE during the bubble. The real money was made by people who sold homes and are now whining on the sidelines that prices havent corrected enough.

As for the base salaries that is exactly my point. They dont make base salaries they make gross earnings with exorbitant benefits that similar folks in the private sector dont enjoy.

Lastly, cops are different and I dont see folks clamoring for or complaining about their jobs or earnings. The good ones have tough jobs and should be paid for what they have to deal with. While I dont know as much about what they make I would be far less likely to quibble over it. Fireman are another matter entirely[/quote]

Sdr: You make a good point regarding base salaries. I happen to know cops on some of the major metro California forces (SDPD/SDSO, SFPD and LAPD) and their gross earnings are significantly higher than the base salary, and largely due to overtime. One of the cops actually turned down a move from SWAT to detective Robbery/Homicide because of the big drop in pay due to way less overtime as a detective. Working as a SWAT team leader, this guy was making six figures a year, with a large chunk of that coming in overtime pay. He was also former Marine Recon, so I don’t think being a detective appealed to him for other reasons as well.

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