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The Only Overpaid Teacher
from CNN Friday, September 27, 2002
DETROIT, Michigan (AP) -- A Detroit public school teacher's
pay was enough to make Bill Gates or Donald Trump envious.
Thanks to a computer glitch, the teacher was paid $7.9 million
before taxes for 18 minutes of work. The teacher, who wasn't
identified, received $4,015,624.80 after taxes.
Someone alerted the school district earlier this month, and
the money was returned after six days, chief financial officer
Ken Forrest said in Thursday's Detroit News.
The error occurred when a clerk entered an employee number
in the hourly wage field for the teacher's wage adjustment check.
The district's payroll software didn't catch the mistake.
"One of the things that came with (the software) is a
fail-safe that prevents that. It doesn't work," Forrest
said.
The district has since installed a program to flag any paycheck
exceeding $10,000, he said. |