ConnieS1 (Washington)
Posts: 10
Posts: 10
Posted:
Is is correct to give the employee wages out to the community owners?
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Started by ConnieS1 • 8 replies • 1633 views
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SusanW1 (Michigan)
Posts: 5,202
Posts: 5,202
Posted:
Do you mean to reveal what you are paying staff?
Members have the right to see all financial reports and any contracts the HOA enters into.
Those costs will come out in the annual financial report, anyway.
If anyone asks, simply tell them that info is printed in the financial reports.
Refer all financial issues to the Treasurer.
Members have the right to see all financial reports and any contracts the HOA enters into.
Those costs will come out in the annual financial report, anyway.
If anyone asks, simply tell them that info is printed in the financial reports.
Refer all financial issues to the Treasurer.
DonnaS (Tennessee)
Posts: 5,671
Posts: 5,671
Posted:
Connie,
The wages should be a line item on the budget so the members can see what they are. As for an individual breakdown, eh!, only if required or if someone asks, then you should report what they are.
ConnieS1 (Washington)
Posts: 10
Posts: 10
Posted:
Yes, I mean each individuals rate of pay. One of the Board members wants to take all the info the Finance Committee. I am the Treasurer and I have a problem with this, in that, sometimes that private knowledge gets throughout the community and causes problems.
DonnaS (Tennessee)
Posts: 5,671
Posts: 5,671
Posted:
Connie,
Unfortunately, that is the nature of the HOA beast. People will get mad at you if you use the wrong toilet paper in the office or clubhouse so fearing what those type will say should not be any concern of yours as long as you are doing an honest job as Treasurer.
The Finance committee should have all of the info so that they can make good, sound reccomendations when working on the budget or finances. As long as the membership is paying dues, therefore the wages of employees, they are entitled to know. But I would not blab their individual wages unless they are requested by someone other than Finance Committee.
MaryA1 (Arizona)
Posts: 7,043
Posts: 7,043
Posted:
Connie,
The rate of pay for each individual employee should be confidential information. In fact, the AZ HOA open meeting law states "personal, health and financial info about an individual employee of the assn" is cause for a closed session, meaning it is confidential information. I know you're not in AZ, but just thought you'd be interested to know that some states view this as confidential info. In fact, your state may also. You could check with your state AG's ofc to find out if this is so.
The rate of pay for each individual employee should be confidential information. In fact, the AZ HOA open meeting law states "personal, health and financial info about an individual employee of the assn" is cause for a closed session, meaning it is confidential information. I know you're not in AZ, but just thought you'd be interested to know that some states view this as confidential info. In fact, your state may also. You could check with your state AG's ofc to find out if this is so.
DonnaS (Tennessee)
Posts: 5,671
Posts: 5,671
Posted:
Connie,
As Mary said, some States allow for the association to have non disclosure items in their document inspection laws. Florida is also one of them so check with your State HOA laws to see if and how they address this.
This is Floridas statement under "inspection of records"--3. These items are under non disclosure items.
" Disciplinary, health, insurance, and personnel records of the association's employees."
JeanneK3 (Maryland)
Posts: 562
Posts: 562
Posted:
Connie:
Maryland passed a law in 2009 that not only must association records be sent by mail, e-mail or delivery to any member who requests them in writing, but that the request can include association employees' salaries. The thinking is that if you pay the salaries you have a right to know what they are. The cost for this request can be no higher than 50 cents per page. All other association employee records are confidential.
Jeanne
Maryland passed a law in 2009 that not only must association records be sent by mail, e-mail or delivery to any member who requests them in writing, but that the request can include association employees' salaries. The thinking is that if you pay the salaries you have a right to know what they are. The cost for this request can be no higher than 50 cents per page. All other association employee records are confidential.
Jeanne
BrianB (California)
Posts: 2,820
Posts: 2,820
Posted:
i always had a problem with this in corporate life too.
IF you are doing your job as a manager, letting everyone know what an employee working for you is being paid should not be a problem. Pay should reflect performance, and a high rate of pay should reflect well on the person it is attached to. Disparities in pay either reflect on disparities in performance, which should not be a surprise to an employee, or bad management. Paying too much for poor work is bad management.
Basically, every time i see someone hiding behind the "privacy" block for salaries, I see bad management not wanting the truth to come out.
As already stated, in many areas, the salary you pay is part of the HOA's budget/records, and viewable by everyone who contributes to that budget. That is not always the case, however.
Even in corporate life, I own stock in INtel. I have a right to know how much the CEO and BOD are compensated. But, even as a stockholder, I don't have the right to know how much Jim Waxell, the shift manager for Fab X in Phoenix makes.
IF you are doing your job as a manager, letting everyone know what an employee working for you is being paid should not be a problem. Pay should reflect performance, and a high rate of pay should reflect well on the person it is attached to. Disparities in pay either reflect on disparities in performance, which should not be a surprise to an employee, or bad management. Paying too much for poor work is bad management.
Basically, every time i see someone hiding behind the "privacy" block for salaries, I see bad management not wanting the truth to come out.
As already stated, in many areas, the salary you pay is part of the HOA's budget/records, and viewable by everyone who contributes to that budget. That is not always the case, however.
Even in corporate life, I own stock in INtel. I have a right to know how much the CEO and BOD are compensated. But, even as a stockholder, I don't have the right to know how much Jim Waxell, the shift manager for Fab X in Phoenix makes.
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