8/06/2003

YaleInsider takes a critical look at the New Haven Advocate's annual round-up of salaries for non-profit employees in the area. Among several interesting statistics - like Yale's Chief Investment Officer making two and half times as much as its Provost, and President Levin making over one and half times as much as President Bush (that's over twenty times as much as the average union worker at Yale) - is a gem from Yale - New Haven Hospital Spokesperson Katie Krauss, trying to explain why the Hospital's CEO, Joe Zaccagnino (who Yale U. named Alum of the Year last month after he and his hospital were caught defrauding the poor and sick to save money), had taken a $70,000 pay cut: Hospital spokeswoman Katie Krauss says executive pay fluctuates because it's based on a complex formula of "variable" components ... "This is a big place. It's not a community hospital," she says. Zaccagnino heads not just Yale-New Haven Hospital, but a network that includes Bridgeport and Greenwich hospitals--a group with a combined budget of more than $1.1 billion and 10,000 employees. As YaleInsider says: OK, good to know they don't consider Yale-New Haven Hospital to be "a community hospital". Perhaps this means they'll simplify and shorten their name to "Yale Hospital"? Given that Levin sits on and appoints a third of the Hospital's Board, that a quarter of Yale's income is funnelled through the Hospital and that Local 34 and GESO employees work side by side with (as yet ununionized) Hospital Employees doing the same work, might not be a bad idea.

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