Auditor criticizes New York and New Jersey Port Authority's overtime expenditures
According to a recent audit by the office of New York comptroller Thomas DiNapoli, employees of the New York and New Jersey Port Authority pocketed $85.7 million in overtime last year, missing the mark of internal cost-cutting goals related to employee attendance.
The Wall Street Journal reports that the high payouts for some workers are likely to have been influenced by a policy that bases employees' pensions on the total compensation they received during their last few years of employment.
"The agency should take a long, hard look at whether its business model for managing overtime really makes sense," said DiNapoli, quoted by the news source. He summarized the authority's policies by saying the time and attendance overtime compensation "flows like water."
Officials representing the agency pointed out that its workforce is at its lowest total in 40 years and it is operating within a unionized, security-sensitive environment. However, they have drawn strong criticism for proposing toll raises and an increase in Port Authority Trans Hudson rail system fees.
The Wall Street Journal reports that the high payouts for some workers are likely to have been influenced by a policy that bases employees' pensions on the total compensation they received during their last few years of employment.
"The agency should take a long, hard look at whether its business model for managing overtime really makes sense," said DiNapoli, quoted by the news source. He summarized the authority's policies by saying the time and attendance overtime compensation "flows like water."
Officials representing the agency pointed out that its workforce is at its lowest total in 40 years and it is operating within a unionized, security-sensitive environment. However, they have drawn strong criticism for proposing toll raises and an increase in Port Authority Trans Hudson rail system fees.
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