Re: [ga] ICANN uses for-profit companies as "comparables" in its employee compensation

[George Kirikos <gkirikos@xxxxxxxxx>]

Just as a quick followup, to give some quantitative numbers. The
differences between for-profit and non-profit salaries can be quite
significant. For example, see the bottom of the article at:

http://www.cnn.com/2007/US/Careers/05/16/cb.profit/index.html

for profit salaries are:

Attorney: 78% higher
Recruiter: 68% higher
Sr. Accountant: 22% higher
Contracts Administrator: 3% higher
HR Specialist: 23% higher
Project Manager, IT: 21% higher

These are significant aggregate dollar values that were wasted given
the enormity of ICANN's spending on staff salaries. Indeed, not only
should ICANN reduce the existing salaries, there should be clawbacks of
past overpaid amounts, and an investigation into how this debacle
happened. ICANN's non-profit status might even be in jeopardy, if they
were audited by the IRS.

Sincerely,

George Kirikos
http://www.leap.com/