BUSINESS
By Jay Hancock | October 19, 2010
Maryland and most other states outlaw "pay for performance" for political lobbyists for a very good reason. Experience has shown, going back to an 1853 case involving a Baltimore & Ohio Railroad lobbyist and the Virginia Legislature, that rewarding business agents for achieving short-term goals induces them to break the rules. It's OK for lobbyists to earn a salary, courts have found. But paying them bonuses for legislative approval of specific bills — "success fees," they're called — creates temptations for corner-cutting and sleaze that even the pols in Annapolis found extreme.
EXPLORE
December 20, 2011
The following is the complete text of Harford County Executive David R. Craig's statement Friday about his veto that will keep some school employees from getting bonuses approved by the Harford County Council Dec 13: "In light of recent statements issued by the Harford County Education Association (HCEA), and its intent to subvert actions of this administration and the County Council to issue a one-time bonus to Harford County Government and Board of Education employees, I will be exercising power granted to me by Section 311 of the Harford County Charter to issue a line item veto on Bill 11-54 As Amended to strike the fund appropriation to the Board of Education.
EXPLORE
March 20, 2012
Harford's teachers have been cleared to finally get the bonuses set aside for them by County Executive David Craig, after the county council approved a $2.1 million appropriation for the bonus money Tuesday. Teachers were supposed to get the $1,250 bonus along with all other county employees by the end of 2011, but Craig vetoed that bill after the Harford County Education Association teachers' union tried to get more control over the funding distribution. The county board of education finalized a collective bargaining agreement with HCEA on Feb. 13, according to the council bill.
NEWS
By Laura Smitherman | laura.smitherman@baltsun.com | November 13, 2009
Top managers and employees at the Maryland Automobile Insurance Fund were having a tough time financially and were in jeopardy of not qualifying for bonuses last year. So the board that oversees the independent state agency changed the bonus plan so that the employees would qualify. Bonuses to more than 400 workers totaled $1.4 million, most of which would not have been paid out without those changes. According to a critical state legislative audit released Thursday, the insurance fund bonuses were paid despite the agency's $19.6 million loss that year and the financial strain on the state that has laid off hundreds of employees and subjected the entire work force to furloughs.
BUSINESS
By Kim Clark and Kim Clark,Sun Staff Writer | July 4, 1995
Leaders of a union representing clerical and technical workers at the Maryland Port Administration lambasted the agency yesterday for granting bonuses to 22 top executives to reward them for recent increases in business and profitability.Maryland Classified Employees Association officials criticized the MPA for handing out $84,000 in bonuses to managers, while giving only a 2 percent cost-of-living adjustment to the 350 other MPA employees.Port officials, however, defended the bonuses, saying managers were primarily responsible for the recent growth because they negotiated contracts with customers.
BUSINESS
By Christi Parsons and Jim Puzzanghera and Christi Parsons and Jim Puzzanghera,Tribune Washington Bureau | January 30, 2009
WASHINGTON - President Barack Obama sharply crticized Wall Street executives yesterday, calling it the "height of irresponsibility" that they gave themselves and employees huge bonuses last year even as the government was paying out billions to bail out ailing financial firms. Obama's stern lecture was inspired by a new report finding the executives gave out $18.4 billion in bonuses in 2008 - a big drop from the previous year but outrageous to the president just the same. Seated in the Oval Office after a meeting with Treasury Secretary Timothy Geithner, Obama said this is not the right time for executives to be raking in huge bonuses.