Utica Mutual Managment Salaries
Just Asking

Watertown, NY

#34 Feb 16, 2010
Why is salary such a secret in private industry? In any governmental, public and not-for-profit it is considered public information and is widely reported.
Just telling

Scarborough, ME

#35 Feb 16, 2010
Because in government, the taxpayers foot the bill.
The public subsidizes not for profits so it also needs to be out in the open.
You can't be as stupid as you appear by asking the about the difference... but maybe you're enough of a mutt that your really are that dense.
Justn Asking

Watertown, NY

#36 Feb 16, 2010
Utica National is not privately owned but is a mutual company. FYI, that means it is owned by the policyholders. So as owners they are entitled to know the specifics of the management of the company. Since you totally missed my irony - What is the big f'n deal about salary other than keepin the poor folks down?

By the way smarty pants its you're not your.
Just telling

Scarborough, ME

#37 Feb 17, 2010
The policyholders own a mutual company the same way you own Carbone's because you bought a car there. Did you Mom take your X-Box so now you're posting here?
Izzy here now

Syracuse, NY

#38 Feb 17, 2010
Justn Asking wrote:
What is the big f'n deal about salary other than keepin the poor folks down?
Okay, you first. Let's hear what you make. And tell us what you do so that we can second-guess any or every decision you make, if you have a job with responsibilities like that.
Just Wondering

AOL

#39 Feb 24, 2010
Did you catch any of the senate testimony on Insuance Executive Compensation vs profits and rates? Interesting stuff. There may be more transparancy in the future. So put that in your pipe Izzy.
Just telling

Scarborough, ME

#40 Feb 24, 2010
Mutual companies are not owned by stockholders, dickwad, so you won't be reading about this anytime in your lifetime. Your Mom give you your X-Box back after taking it away when you wet your bed?
commun sense4u

AOL

#42 Feb 24, 2010
TYPICAL UTICA JELOUSY!! WAAAAAAAAAAAAAAAAAAA HE MAKES MORE THAN ME & I'M SMARTER!! WAAAAAAAAAAAA!!!
Izzy here now

Syracuse, NY

#43 Feb 25, 2010
Just Wondering wrote:
Did you catch any of the senate testimony on Insuance Executive Compensation vs profits and rates? Interesting stuff. There may be more transparancy in the future. So put that in your pipe Izzy.
>puff, puff< No, I missed the Senate testimony, had to work, not home on the dole wondering what people who work get paid.
Ted Sheckler

West Eaton, NY

#44 Feb 25, 2010
Perhaps 30 - 40K per year.

Level 1

Since: Jul 09

West Hartford, CT

#45 Feb 25, 2010
Utica Mutual Employee wrote:
Anyone know what they pay thier managers? AVPs, VPs, etc?
More than their worth. I've seen the ass kissing that goes on at all levels there. Definitely a career boost. Pretty much like anyplace else. Too bad you humans are so susceptible to that crap.
Clay

Oneida, NY

#46 Feb 25, 2010
AVP:$125+
VP:$150-$200+
Sr VP $250-$300+
Ex VP:$350-$450+
Pres:$750+
CEO:$1.4M+

Source: My accountnant
in the no

AOL

#47 Feb 26, 2010
ahhhh, a thread of "how much did u pay for that guy" "how much did that cost guy" "how much do u make guy" "whats your mtg. pymt guy"????
in the no

AOL

#48 Feb 26, 2010
THE ANSWER:::::: NONE OF ANYONES BUSINESS!!!
Izzy here now

Syracuse, NY

#49 Feb 26, 2010
Clay wrote:
AVP:$125+
VP:$150-$200+
Sr VP $250-$300+
Ex VP:$350-$450+
Pres:$750+
CEO:$1.4M+
Source: My accountnant
Hopefully this accountant isn't working on your taxes because based on this you are going to pay wayyy too much.

Salary administration is done by functional job responsibilities, NOT by officer title. You don't get a raise when you go from one level of officership, say Assistant Secretary (that's not in your crack accountant's list, hmmm), to Assistant VP, for example. Your salary changes when your job responsibilities change. Salary ranges are based on the duties and responsibilities of the job -- how hard is it to fill, experience and education required, is it a highly specialized position, local, regional and national competition for these skills, etc. etc. Salary administration also takes into account performance and results on the job, with increases based on merit. The salary ranges you quote look like nothing on our salary chart.

Today's FREE financial tip: Get a new accountant!

Michael Austin
Utica National Insurance Group
Nerve Ending

Long Eddy, NY

#50 Feb 26, 2010
Izzy here now wrote:
<quoted text>
Hopefully this accountant isn't working on your taxes because based on this you are going to pay wayyy too much.
Salary administration is done by functional job responsibilities, NOT by officer title. You don't get a raise when you go from one level of officership, say Assistant Secretary (that's not in your accountant's list, hmmm), to Assistant VP, for example. Your salary changes when your job responsibilities change. Salary ranges are based on the duties and responsibilities of the job -- how hard is it to fill, experience and education required, is it a highly specialized position, local, regional and national competition for these skills, etc. etc. Salary administration also takes into account performance and results on the job, with increases based on merit. The salary ranges you quote look like nothing on our salary chart.
Today's FREE financial tip: Get a new accountant!
Michael Austin
Utica National Insurance Group
So, you have access to the executive salary chart? As the company "spokesman" or whatever your title is?

Looks like someone hit a nerve.

PS: The CEO's salary was reported in the newspaper after a FOIL request.
Michael Austiin

Syracuse, NY

#51 Feb 26, 2010
Nerve Ending wrote:
<quoted text>
So, you have access to the executive salary chart? As the company "spokesman" or whatever your title is?
Looks like someone hit a nerve.
PS: The CEO's salary was reported in the newspaper after a FOIL request.
No, just trying to point out the facts. You can't play unless you have them.
Michael Austin
Director of Corporate Communications (my title)
Just Wondering

AOL

#52 Feb 26, 2010
Izzy here now wrote:
<quoted text>
Hopefully this accountant isn't working on your taxes because based on this you are going to pay wayyy too much.
Salary administration is done by functional job responsibilities, NOT by officer title. You don't get a raise when you go from one level of officership, say Assistant Secretary (that's not in your crack accountant's list, hmmm), to Assistant VP, for example. Your salary changes when your job responsibilities change. Salary ranges are based on the duties and responsibilities of the job -- how hard is it to fill, experience and education required, is it a highly specialized position, local, regional and national competition for these skills, etc. etc. Salary administration also takes into account performance and results on the job, with increases based on merit. The salary ranges you quote look like nothing on our salary chart.
Today's FREE financial tip: Get a new accountant!
Michael Austin
Utica National Insurance Group
I think you are splitting hairs here by using the term salary instead of compensation. The executive bonuses are paid by level of officership so compensation increases when you move from one level to another even if your duties do not change.

And to the mutual company issue - comparing Carbone to Utica National is idiotic. I have not been invited to Carbone's meeting after I bought my car from them but I get a notice of the date,time and location of the annual meeting with my auto insurance policy from UNIG.
Equal Pay

Watertown, NY

#53 Feb 26, 2010
Its nice to know the big shots earn that much when the rest of us are getting 2% tops this year whch doesn't even cover the increase in our health insurance. Good job boys.
Fact

Long Eddy, NY

#54 Feb 27, 2010
Intersting.

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