Categories: Shows

The MTA’s payroll hits new $1.37B cost . . . and for what?



As city drivers brace for congestion-pricing tolls to take effect June 15, the MTA’s payroll hit a jaw-dropping $7.8 billion, while its overtime expenses hit a new record high last year — $1.37 billion, up 6% since 2022.

Which raises the obvious risk that the agency’s congestion-pricing windfall will get eaten up by labor costs, rather than covering the capital spending it’s supposed to fuel.

The OT abuse is largely enabled by the agency’s labor contracts, especially at the LIRR; to end it, MTA chief Janno Lieber needs political support (that’d be you, Gov. Hochul) to negotiate work-rule changes.

Overall, 724 MTA workers each collected more than $100,000 in overtime in the last year.

As usual, LIRR workers raked in the most per-employee overtime, averaging $26,028 in 2023.

Total payroll costs rose $663 million, and outpaced inflation at most of the MTA’s eight subsidiaries.

Back in 2019, a report by Morrison & Foerster LLP issued 15 recommendations to curb OT that have largely been ignored. Among them:

  • Do a cost-benefit analysis on paying OT versus making new hires. This is technically within management power, but at the risk of outraging workers who now expect to pile on overtime, especially to pad their pensions as they near retirement.
  • Keep an eye on high earners to limit their OT, and get caps on overtime into the labor contracts.
  • Also win work-rule changes so the MTA doesn’t have to pay OT for shifts not spent actually working.

Last year, a Post investigation found that insane work rules and similar inefficiencies at the LIRR cost the MTA at least $200 million a year.

An MTA inspector general investigation fingered more lunacy in the LIRR’s labor agreements, like: “Overtime must be offered to the most senior Track employees first, even if it would result in many hours worked consecutively.”

The Post and the Empire Center have steadily shined a light on the MTA’s out-of-control OT costs, but nothing changes — except that the MTA has stopped releasing detailed OT reports for independent analysis.

Lieber needs to face down the unions, but he can’t unless Hochul will back him up when they threaten to strike.

And the gov likes to portray herself as organized labor’s favorite daughter. Can she manage a “Nixon goes to China” moment and demand a cleanup at the LIRR (at least)?



Source link

southdakotadigitalnews.com

Share
Published by
southdakotadigitalnews.com

Recent Posts

Advertise with AILOQ: Maximize Your Brand’s Potential

In the highly competitive world of business, effective advertising is the key to standing out…

2 months ago

Transform Your Business in 2025 with GoHighLevel’s New Year Offer – 50% Off for 3 Months!

Ring in the new year with an exclusive opportunity to supercharge your business! GoHighLevel’s New…

2 months ago

Kickstart 2025 with GoHighLevel’s Exclusive New Year Special Offer!

As the new year approaches, there’s no better time to set your business up for…

2 months ago

GoHighLevel Holiday Promotion 2024: Unlock 50% Off and Maximize Your Success

The holiday season is the perfect time to take your business to the next level,…

2 months ago

Elevate Your Events with Noble Nori’s Premium Catering Service

Are you planning an event and looking for exceptional catering that will leave your guests…

3 months ago

Noble Nori: Elevating the Sushi Experience in Monticello, NY

Nestled in the heart of Monticello, NY, Noble Nori offers a unique and exquisite dining…

3 months ago