Out Actor Jim Parsons (The Big Bang Theory) Tops Highest Paid TV Actors

Out actor Jim Parsons (The Big Bang Theory) is numero uno on the list of highest paid TV series actors, according to Variety.

And there are more LGBTs on the list: Jesse Tyler Ferguson clocks in for work at $250,000 an episode on Modern Family. 

In the reality/talk show realm, no surprise that Ellen DeGeneres rates a $20 million a year paycheck.

And, Anderson Cooper banks between $9-11 million a year from CNN, while Andy Cohen gets $4-5 million a year to play drinking games and gossip on Watch What Happens Live.

California to raise minimum wage to $10 an hour by 2016

California has become the first state in the nation to commit to raising the minimum wage to $10 per hour, although the increase will take place gradually over three years under a bill signed into law by Democratic Governor Jerry Brown on Wednesday.

The law raises minimum pay in the most populous state from its current rate of $8 per hour to $9 by July 2014 and $10 by January 2016.

The state with the highest minimum wage currently is Washington, where employers must pay at least $9.19 per hour.

(via Yahoo News)

Guess the highest paid public employee state by state?

Deadspin provides this map of the USA noting, state by state, the highest paid public employee in each locale.  In 42 states, the highest paid public employee is a sports coach.

However, should you look to merely base salaries, you might be confused.

Apparently, should you wish to peruse public databases, the numbers would not add up as most coaches “compensation” includes more than just base salary:

Far exceeding these base salaries is the “additional compensation” that almost all of these coaches receive, which is tied to media appearances, apparel contracts, and fundraising. While this compensation does not come directly from the state fund it is guaranteed in the coaches’ contracts; if revenue falls short, the school—and thus the state—is on the hook to cover the difference. Plus, even it doesn’t come directly from taxpayers, this compensation is still problematic for all the reasons listed above.
Beyond salary and additional compensation, coaches earn money from bonus incentives tied primarily to the team’s performance. This analysis ignored those bonuses and focused on guaranteed money, as it’s impossible to guess at whether a coach will hit his benchmarks. And we’re not even touching the ridiculous amounts of money coaches can get if they’re fired before their contract ends.

Read more at Deadspin.

(h/t JMG)

Eric Cantor: “We need to encourage those on the top income scale to create more jobs”

Well that’s just brilliant, Congressman Cantor. How about you just go do that? Would you PLEASE encourage those on the top of the income scale to create some jobs???

The Bush tax cuts for over 9 years now promised to create jobs. Where are they?

Also, numerous corporations are sitting on enormous profit, paying more to their CEOs than in taxes. Last year, CEO salaries increased by 27 percent while private worker wages increased by only 2 percent.

If there was true equality in America, as corporations make record profits they would share those profits with not only the CEOs and other top execs but at least some of it with line level employees.

I have no problem with people working hard and becoming rich. No problem whatsoever.

But WHY do CEOs get a 27% increase when low level employees ONLY get 2% increase? Couldn’t it at least be something like 20% increase to CEOs and 9% increase to workers?

Why do the workers have to work longer and harder hours so that only the very, very top executives get to reap the rewards?