Thursday, May 19, 2011

Dominique Strauss-Kahn IMF Salary vs. Bay Citizen CEO Salary



In the wake of the arrest of IMF Manager Dominique Strauss-Kahn for sexual assault, CNN asked if the World leader's $440,000 salary was too much, given his responsibilities.

The Cable News Network compared the IMF with The World Bank, and came away with the point that observers say it's the right amount, considering that Strauss-Kahn had oversite for the loans to those of its 187 member countries who need them.

Well, let's compare Dominique Strauss-Kahn's salary with that of Bay Citizen CEO Lisa Frazier, who makes $400,000.

Is the Bay Citizen salary justified, given CNN's questions about Dominique Strauss-Kahn's salary? The answer's no. $100,000 salary? Yes.

But for Frazier to make as much as the Dominique Strauss-Kahn or President Obama, and yet be in charge of a regional news website, and not even a World news website, is outrageous.

It's not personal, only business.

And the business fact is that The Bay Citizen can't justify paying that high a salary given the small size and Internet traffic footprint of the SF Bay Area news website.

But will that change anything over at the Bay Citizen? No. It still has the outdoor ads that are more debate challenges on the future of journalism than a message to type "BayCitizen.org," as I talked about in this recent video:



Stay tuned.

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