Saturday, March 17, 2018

Super O'Malley's resignation and bonus both on Monday's Action Meeting agenda

Well, just saw the agenda for Monday's meeting and Super Dr. Richard 'Looking for the Exit Ramp' O'Malley's resignation is listed, effective June 30, 2019 when his current contract runs out. Take it then that he has submitted his formal resignation to the Edison Board of Education.

Also, there's a $10,141.00 bonus for Señor O'Malley that 'the Board has determined that Dr. O'Malley has satisfied merit criteria for his work during the 2017-18 school year, warranting the payment of a merit bonus.'

This one is a little puzzling to me. Of course, the resolution only shows you the performance criteria that he has met to receive a bonus but not all the bonus criteria that he was eligible for a bonus.

According to the Board's approved District Goals for 2017-18, there were three District Goals. One was quantitative, the one he is receiving the bonus for, and two were qualitative for which he apparently did not meet. The two he didn't receive a bonus for had to do with Overcrowding and Improving Communication with the Edison Schools community.

You can see these Board Goals and Merit Bonus award below:



Now, the way these thingies usually work over there on Mythomania Lane, there can be up to three quantitative and two qualitative goals and the quantitative goals can go up to 3.33% of annual base salary and the qualitative goals up to 2.5% of annual base salary.

According to Señor O'Malley's contract, he is eligible for a merit bonus up to 12% of his annual base salary. Even if you take the Max 12%, that would make him eligible for a max bonus of $25,481 ($212,344 x 12%).

However, his current contract doesn't specify what the actual percentage (up to 12%) the Board has used or any breakdown percentages for either the quantitative or qualitative goals.

In this case, there is only 1 quantitative goal and two qualitative goals. Given he only achieved one of the three Board Goals for 2017-18, how is it possible that he receives a bonus of $10,141.00? The $10,141.00 on his base salary of $212,344.00 comes to roughly 4.8%. No single quantitative goal is worth 4.8%.

So, don't understand how they came up with this number for a merit bonus for Señor O'Malley for 2017-18 since it seems to me that the max he should be getting is around $7,000.

Now, don't get me wrong. They can give him anything they want up to $25,481 but it's kind of hard to believe that when he achieves only one of three Board Goals that the Board would place a $10,141.00 value on that one goal, which far exceeds the usual allowable percentage methodology.

Anyhoo, what do I know, I still can't figure out how they come up with these sophomoric Board Goals anyway.




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