https://www.forbes.com/sites/adamandrzejewski/2018/12/18/who-wants-to-be-a-millionaire-on-mayor-bill-de-blasios-new-york-city-workforce/#38472f3b6a99
How to make $1 million? Spend five years or less on the NYC public employee payroll.
There are 1,400 NYC public employees on pace to clear $1 million in total income over the next five years.
The newest members of the New York City millionaire class aren’t television stars, coaches, quarterbacks, tech entrepreneurs, or even Wall Street financiers. The newest millionaires are blue-collar city employees such as mechanics, plumbers, welders, engineers, oilers, prison and fire captains, tractor operators, and more.
Our auditors at OpenTheBooks.com analyzed city payroll data for fiscal year 2017, and found 83,400 employees bringing home $100,000+ incomes. That’s a 10-percent increase from fiscal year 2016.
Search the entire 2017 NYC payroll, click here.
Despite his promise to reform to pay and perquisites, Mayor Bill De Blasio showered the city workforce with billions of dollars in overtime and extra pay. Last year alone, this amounted to $3.2 billion.
Compensation in NYC is more than huge salaries. Last year, 162,000 city workers reaped $2 billion on 34 million hours of overtime. In addition, the city doled out $1.2 billion in extra pay, a category of compensation that includes bonuses, lump sums, allowances, retroactive pay increases, settlement amounts, differentials, and more. Read the mayor’s office’s comment on city overtime, click here.
It’s a citywide problem. We found carpenters nailing down $192,711; plasterers amassing $184,521; and city painters canvasing $168,804. A thermostat repairer can heat his bank account with $213,904.