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Thursday, 24 July 2008
Making a living Print E-mail
Written by Charlene Arsenault   
Thursday, 12 April 2007

Your friends and neighbors and the money they earn

By Charlene Arsenault

Every year around this time, we check in with Walter Marshall, who is the regional economist for The Bureau of Labor Statistics in Boston, for a detailed overview of our community's economic position. Using comparable cities, we chat about the unemployment rate, our ranking in the job market, and where the hot jobs are.

The findings this time around show that Worcester is in fair shape. We're a little better off than Providence and Springfield, but we trail Boston and Hartford; that's in terms of how Worcester ranked among areas with a mean wage of $41,500.

The Bureau's data is based on 2005, which was reported in 2006. "Regarding job growth using 2005 and 2006 annual averages," says Marshall, "Worcester had the highest growth rate for employment among the five areas, with a rate of 1.3%. Boston and Hartford tied for the second position with a 1.1% increase. Springfield rose 0.6% and Providence was essentially unchanged with an increase of 0.2%."

Numbers, numbers. What we really want to know is, what did that mean for Worcester in the past year? Well, it meant that Worcester created 3,100 new jobs (based on averages for 2005 and 2006). These drivers for growth include health care, where 900 new jobs popped up; and business services, which gave 800 new people paychecks. "Professional and business service includes engineering firms, law offices, computer system design firms and company headquarters, among others," says Marshall. "Manufacturing reported the only decline among major industries with a drop of 300 jobs over the year." The government, though, made room for 600 jobs.

For most areas in New England, health care remains the No. 1 strong field. They, as well as professional and business services, are not only the fastest growing but they traditionally pay better, as well.

In terms of unemployment, rates have bounced around a lot in the past year. Between January 2006 and January 2007, Worcester's unemployment increase of 0.8% was the highest among the areas studied. Springfield followed close behind. In terms of an overall ranking, Worcester and Providence tie for the second—highest unemployment rate, at 6.1%, landing in between Springfield (6.7%) and Boston and Hartford (each at 5.2%).

So let's see what we're making, and where.

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They're the ones with the big offices with the window views.

Every year, our former sister publication, The Worcester Business Journal, does its "Book of Lists," compiling hundreds of stats and figures on the business world. Lucky for us, they share, and we share with you the highest—paid executive officers, CEOs and chairs, focusing on Worcester and the surrounding communities (and in this case, we included Framingham to avoid a two—person list).

 

Top Executives

Carol Meyrowitz, Former Senior EVP, Former Senior Executive CP, President, TJX, Framingham —— $890,770

Alexander Smith, Senior EVP, Group President, Senior Executive Vice President, TJX, Framingham —— $887.641

Edward Parry, CFO, EVP, CFO, VP, Hanover Insurance Group, Worcester —— $800,000

Donald Campbell, Senior EVP, Chief Administrative and Business Development Officer, Senior Executive Vice President, TJX, Framingham — $791,827

Peter Maich, Former Senior EVP, Group President, Senior Executive Vice President, TJX, Framingham — $753,846

Russell Artzt, EVP, Computer Associates, Framingham — $750,000 Arnold Barron, Senior EVP, Group President, Senior Executive Vice President, TJX, Framingham — $668,077

John Mahoney, CFO, Executive Vice President, CAO, Vice Chairman, Staples, Framingham — $590,883

Michael Miles, COO, President, Staples, Framingham — $578,517

Basil Anderson, Vice Chairman, Staples, Framingham — $504,433

Marita Zuraitis, President, Hanover Insurance, Worcester — $500,000

Joseph Doody, President, North American Delivery, Staples — $485,192

Craig Shaw, President, Perini Corp., Framingham — $425,000

Robert Band, COO, President, Perini Corp., Framingham — $425,000

 

Top CEOs

Ronald Sargent, CEO, Chairman, Staples, Framingham — $1,033,000

Arthur Remillard, CEO, Chairman, President, Commerce Group, Webster — $882,832

Bruce Claflin, CEO, President, 3Com Corp., Marlboro — $825,000

Ronald Tutor, CEO, Chairman, Perini, Framingham — $800,000

Frederick Eppinger, CEO, President, Hanover, Worcester — $800,000

Bernard Cammarata, CEO, Chairman, TJX, Framingham — $630,769 William Rainville, CEO, Kadant, Acton — $550,000

Timothy Barberich, CEO, Sepracor, Marlboro — $547,194

Geoffrey Cox, CEO, Chairman, President, GTC Biotherapeutics, Framingham — $436,800

Don Hardison, CEO, President, Exact Sciences, Maynard — $355,000

Henry Nelson, CEO, President, ClearStory Systems, Westboro — $350,000 David Mahoney, CEO, Applix, Westboro — $275,000

Richard Feldt, CEO, President, Evergreen, Marlboro — $267,937

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In the city

If you don't include the money the cops make doing special details, the "top paid" list looks a lot different. If we were to include what some cops make working those details, more than half the names on the top 25 list would be WPD officers (each making more than $130,000). Here's what it looks like without all the blue uniforms.
(Figures for this section are for 2006)

James Caradonio, Superintendent of Worcester Public Schools — $161,598.90

Gary Gemme, WPD Chief of Police — $157,901.67

Michael O'Brien, City Manager — $138,384.80

Mark Roche, WPD Deputy Chief of Police — $133,115.36

Stephen Mills, WPS Deputy Superintendent — $132,700.38

Nathan Reando, WPD Officer — $131,739.72

Robert Moylan, Commissioner of Public Works — $129,487.96

David Grady, Police Lieutenant — $127,472.22

James Delsignore, WPD City Auditor — $123,532.44

James Carmody, WPD Officer — $123,107.78

Gerard Dio, Fire Chief — $123,004.44

Helen Friel, WPS Assistant to the Superintendent — $122,812.74

David Moore, City Solicitor — $122,122.58

Giulio Fusaro, Deputy Chief of Police — $121, 259.54

Stephen Roche, Police Sergeant — $120,879.01

Stacey Deboise Luster, WPS Human Resource Manager — $120,807.68

John Bierfeldt, WPS Principal — $120,624.42

Roger Steele, Police Captain — $120,564.25

Michael O'Neil, WPS Coordinator for Alternative Schools — $118,893.44

John Pranckevicius, Chief Financial Officer — $118,072.44

Paul Campbell, Deputy Chief of Police — $118,072.06

Robert Sullivan, WPS Principal — $117,945.80

Timothy O'Connor, Police Lieutenant — $117,126.25

Charles Campbell, WPS Info Systems Officer — $116,934.44

Margaret Venditti, WPS Quadrant Manager — $116,766.04

 

What they're making at the non-profits

Below is a smattering of the non-profit agencies that operate in Worcester, and the salaries that make them run.

ARTS/SCIENCE

Foothills Theatre

Total Revenue: $2,029,408

Highest Paid Officials:

None paid more than $50,000

Fiscal Year: 2003

 

Worcester Art Museum

Total Revenue: $9,882,739

Highest Paid Officials:

Honee Hess , Education Director — $69,366

Martin Richman, Director of Development — $75,584

Rita Albertson, Conservator — $64,653

Fiscal Year: 2004

Worcester Center for Crafts

Total Revenue: $1,522,430

Highest Paid Officials:

David Leach, Executive Director — $76,123

Fiscal Year: 2004

 

COMMUNITY and ENVIRONMENT

Worcester East Side Community Development Corporation

Total Revenue: $379,690

Highest Paid Officials:

Dominick Marcigliano, Executive Director — $73,929

Fiscal Year: 2004

 

Greater Worcester Land Trust

Total Revenue: $194,439

Highest Paid Officials:

None more than $50,000

Fiscal Year: 2005

 

HEALTH CARE

Fallon Community Health Plan

Total Revenue: $739,565,338

Highest Paid Officials:

Eric Schultz, President and CEO — $415,279

Dennis Batey, VP and CMO — $317,614

Charles Goheen, VP and CFO — $313,687

Richard Burke, VP, Corporate Compliance Officer — $225,517

Mark Fisher, VP and COO — $255,911

Fiscal Year: 2004

 

UMass Memorial Health Care Inc.

(328 Shrewsbury St.)

Total Revenue: $255,739,573

Highest Paid Officials:

John O'Brien, President, CEO — $910,134

Wendy Warring, Executive VP — $523,377

Todd Keating, CFO, Treasurer — $391,206

Douglas Brown, General Counsel, Clerk — $284,844

Michael Aronson, MD, Director — $117,675

Fiscal Year: 2003

 

SOCIAL SERVICES AND CHARITABLE GIVING

Abby Kelley Foster House

Total Revenue: $948,069

None paid more than $50,000

Fiscal Year: 2005

 

Boys and Girls Club of Worcester

Total Revenue: $1,306,381

Highest Paid Officials:

Ronald Hadorn, Executive Director — $75,750

Fiscal Year: 2003

 

Why Me

Total Revenue: $600,249

Highest Paid Officials:

None paid more than $50,000

Fiscal Year: 2003

 

Worcester Youth Center

Total Revenue: $930,088

None paid more than $50,000

Fiscal Year: 2005

 

Worcester County Food Bank

Total Revenue: $8,247,663

Highest Paid Officials:

Jean McMurray, Executive Director — $82,681

Fiscal Year: 2005

 

EDUCATION

Worcester Polytechnic Institute

Total Revenue: $160,426,867

Highest Paid Officials:

Dennis Berkey, President — $479,990

Thomas Lynch, Vice President — $258,500

Stephen Hebert, Vice President — $201,500

John Heyl, Vice President — $190,000

Janet Richardson, Vice President — $131,842

Fiscal Year: 2004

 

Clark University

Total Revenue: $75,737,312

Highest Paid Officials:

John Bassett, President — $250,768

David Angel, Provost — $152,760

Deborah Bieri, VP Advancement — $152,000

Elaine Cinelli, VP of Public Affairs (though it lists her job title as "Hopkington" on the tax form) — $128,000

Andrea Michaels, VP — $127,600

Fiscal Year: 2004 o

Last Updated ( Thursday, 12 April 2007 )
 
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