California fires teachers but pays state employee $800,000 a year!

[Speeders & Drunk Drivers Kill Kids]

http://www.latimes.com/news/local/la-me-state-fund21-
2010mar21,0,4221909.story

Janet Frank earned more than $1.6 million, then quit after two years. She
later took a higher-paying job with a competitor.

March 21, 2010

After its president was ousted in a scandal, California's government-run
insurance company hired Janet Frank to clean up the mess, offering her a
salary and benefits far beyond the reach of most state workers.

As the new president of California's largest provider of workers'
compensation coverage, the insurance industry veteran received a $450,000
annual salary plus a signing bonus of nearly $140,000 to help her move
from Colorado, employment records obtained by The Times show.

For her first 2 1/2 months on the job, starting in 2007, she was paid a
$40,000 performance bonus by the insurer, a hybrid public-private company
known as State Fund, which serves as a safety net for businesses. She was
paid a $153,000 bonus for 2008. This month, she received last year's
bonus: $142,500. Citing confidentiality, company officials declined to
say what performance goals Frank had met.

Overall, she earned more than $1.6 million, then quit after two years.

Frank never moved to California. She decided to commute weekly from her
Denver-area home and to telecommute on Fridays. State Fund added a
$99,000 annual stipend for her, partly to cover thousands of dollars in
monthly commuting costs.

Frank left State Fund in November, saying she needed to care for her
mother. She cashed in 12 weeks of unused vacation, holidays and personal
days worth $107,000. Within two months, she accepted a higher-paying job
as president of a competitor, Woodland Hills-based Zenith National
Insurance Co.

(snip)

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HAHAHAHA They gave the crook $140,000 to help her move and then she
never moved!!