Va. Pays Dearly for Computer Troubles (Washington Post)
A scathing legislative audit released Tuesday shows Virginia’s outsourcing of a massive $2 billion computer upgrade has been so troubled that core government services have been disrupted but that canceling the contract could cost the state hundreds of millions of dollars.
$150 million base eyed for York (Virginia Gazette)
The Naval Weapons Station Yorktown made the cut as a site to consolidate five companies of the Marine Corps Security Force Regiment at one base. An influx of 800 personnel, 400 dependents and a bevy of short-term jobs would boost the local economy. The total cost for the new buildings and consolidation is put at $150 million over six years.million over six years.
Still on the Job, but Making Only Half as Much (NY Times)
Editor’s Pick. The Times tells the story of a demoted airline pilot from Midlothian and how his lower pay is affecting all aspects of his life. “My mind is always on 20 different things,” Mr. Lawlor said. “What do I need to get done? How much will it cost? Is it necessary? Can I do it cheaper if I do it myself? Can I make the earlier commute home? Rush, rush, rush, and then suddenly someone makes the wrong comment and I become uncorked.”
AIG urged to cut back on bonuses (USA Today)
The Obama administration’s pay czar is pushing American International Group to pare back $198 million in retention bonuses it’s scheduled to pay to employees of the financial products division that helped bring down the troubled company.
Employers’ Wellness Rewards Come With Risks (WSJ)
The recently issued guidelines prohibit health plans and employers from offering any financial rewards to any worker for participating in a health risk assessment that requests information about their family medical history. The rules apply to group health insurance with plan years beginning on or after Dec. 7.
Case Study: Finding the Right Price for a Hot Product (Inc.)
Luke Skurman’s quirky college guides were a big hit. The problem was getting readers to pay. What if he gave the content away?
