Docs show new T GM has to show work for bonuses

Thursday, 14 September 2017, 04:48:20 AM. The MBTA’s new general manager must ramp up spending on key projects, hire a slew of new executives and ensure the system’s trains and buses run on time more often to score up to $32,000 in bonuses on top of his $320,000 salary, according to newly released documents.The so-called “key performance indicators” tucked into Luis Ramirez’s contract won’t go into effect until Oct. 1 and must be
The MBTA’s new general manager must ramp up spending on key projects, hire a slew of new executives and ensure the system’s trains and buses run on time more often to score up to $32,000 in bonuses on top of his $320,000 salary, according to newly released documents. The so-called “key performance indicators” tucked into Luis Ramirez’s contract won’t go into effect until Oct. 1 and must be renegotiated after the first year of his three-year deal. But the two-page description released by the T details 17 different milestones he’ll be judged on to score the hefty salary bump in his contract. They include: •  Not allowing the T’s budget deficit to grow beyond $30 million, a shortfall that could be plugged by additional money the state kicks in each year; •  Filling various vacant, high-ranking executive posts, ranging from COO and chief engineer to a “customer experience chief,” a post Ramirez has highlighted as a priority in his early comments; •  Boosting spending on capital maintenance and modernization projects — an area that T has long struggled — to $795 million this fiscal year, an $86 million jump from last year; and •  Overseeing “efforts to measure and achieve” improvement in how often the system’s trains, subways and buses run on-time, compared quarter-by-quarter to the previous year. The new details, which Ramirez said he and the T finished negotiating Monday, explicitly lay out the expectations awaiting the 50-year-old former corporate executive in his first role in...Read more
Share this

    You might also like