September 11, 2009: The highest-paid Teamster officials hiked their pay by more than a million dollars last year.
They’ve got a million reasons to back Hoffa. How about you?
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In this special $150,000 Club issue, TDU publishes our annual report on compensation for the top Teamster officials.
You’ll find the full report inside. Here’s the punchline in advance: While tens of thousands of Teamsters are taking benefit cuts, pay freezes or worse, our union’s highest-paid officials hiked their pay by more than a million dollars.
Some of the biggest pay hikes went to the very officials who have overseen the worst concessions and benefit cuts in Teamster history.
Hoffa himself has nearly doubled his compensation in his ten years in office. Last year, he hauled in $383,132.
Building union power in tough times requires the right financial priorities. James Hoffa, the candidate, claimed to understand that.
When Hoffa first ran for General President, he promised to “cut and cap” officer salaries at $150,000. If Hoffa had kept this promise, our union would have $30 million more in the bank.
That’s $30 million we could be putting to work to protect members’ wages, pensions and benefits—and to rebuild our union’s power by organizing the nonunion competition.
Informed members can demand new financial priorities and a new direction for our union. But only if we’re organized. That’s what TDU is all about.
If you're not a member, join today.