Resident
Asks
Was $20,000 Seddon
General Manager Bonus Warranted?
by
Dave
Czech
Sun City Anthem
Resident since 2005
Let’s take a look at job
performance and see if a $20,000 General Manager bonus was indeed warranted.
Straight
from the Sun City Anthem website financial documents.
First, look at the payroll
costs from when FSR managed our HOA in 2015 to the transition in 2016 and on
target for 2017.
We will look at a few items
from the budget summaries
Payroll
for Sun City Anthem employees by year:
2015 $2,916,000
2016
$3,040,700
Note the difference in 2015
before self-management and 2017 after self-management.
The
New GM
received a 20,000 dollar bonus for increasing our payroll by
$585,103
(that's a 20% increase from
2015 to the present and a 15% increase
from 2016 to 2017)
Let’s put that in
perspective:
At $16.00
an hour that is 36,568 man hours or about
18 extra full time employees (6 extra
per building) at 40 hours a week for a full
year.
Or did a few people get a
giant raise?
Next let
us look at the General & Administrative costs from year to year in
dollars.
2015 $240,000
2016
$1,729,270
2017
$378,523
We will be fair here and
exclude 2016, not a typical year at all with the Liberty center being
closed.
However, with that being said,
our payroll for that year should have been down.
There were
no employees working at the Liberty center for most of 2016.
So, let’s just compare 2015 to 2017 an increase in payroll of
$585,103.
General Administrative 2015 to 2017 an increase of $138,523.
Not sure why the General
Administrative cost for 2016 was $1,729,270.
Only in
government and the Sun city Anthem can you increase payroll
by almost 20% and increase General Administrative fees more
than 50% and
Receive a Bonus
I think in any corporation
anywhere in the world you would not receive a bonus but instead,
likely get a
pink slip.
You have to ask the question,
What is going on?
Budget information is
available on the Sun City Anthem website tab; however, for your convenience,
here are some helpful links to substantiate the above reference
costs.
2015
2016
2017
(thru 4/30/17)
(thru 4/30/17)
- - - - - - - - - - - - - -
- - - -
Anthem Opinions thanks Dave
Czech for his research and analysis.
Have a question or
comment?
Send it to us
at:
-
No matter how you play with the accountant's sheets; the General Manager, Community Association Manager, Chief Financial Officer, and Head Maintenance Manager are all paid well over, by easily 1/3rd, what should be paid for those positions in a "city" the side of Sun City Anthem. I strongly suspect the other salaries follow the leader.
If you haven't done so yet, sign the recall and no-confidence petitions.
All I can say is that there better not be any increases in HOA dues after all their payroll increases.
WHEN WILL THIS EVER STOP...........ITS ENOUGH ALREADY.
In the comparison of payroll costs for 2015 (under contract management) to 2017 (under self management) Dave did not include the $736,000 we paid to FSR in 2015 but did not pay to anyone in 2017.
That is more than the difference he pointed out.