REPLAY, first published Nov. 28, 2011
According to Finance Minister Kevin Falcon’s first quarterly report for the current year,
As well, the fiscal plan assumes the current public sector compensation negotiating mandate – i.e. two year agreements with a net-zero cost to employers over the term of such agreements. This mandate applies to all public sector compensation contracts expiring between December 31, 2009 and December 31, 2011…
Questions for two of BC’s Health Authorities are obvious.
In fiscal 2011, how did Howard Waldner score a raise of $31,000 and David Ostrow a raise of $38,005?
When reading through various reports on executive compensation in the public and quasi-public sectors, one starts to think about the writings of Lewis Carroll. For example, the Interior Health Authority stated on its 2011 report,
“The IHA does not provide perquisites, property or personal benefits to its executive staff.”
Separately though, they report paying outgoing CEO Murray Ramsden a retirement allowance of $113,130 along with $84,240 payout of sick leave. It also reports paying pension contributions, life insurance, extended health, disability, dental and medical.
No perquisites, eh?
In 2004, Ramsden earned $272,008. Five years later, he earned $575,109.
See also: Net-Zero Mandate, Not For All