#OCSB tries to sneak in HUGE executive pay raises in late Dec. #ottnews #onted #ottschools

The public consultation is during the busy month of December and ends during Xmas holidays. SNEAKY!!

Doctors have had either pay cuts of wage freeze for many many years now. These doctors work weekend, nights, Christmas week, summer etc etc etc.

All these “associate directors” and superintendents who just wander around from school to school for photo ops etc want 5% or more raises!!!!

Don’t tell me that Ontario (with its HUGE deficit) is underfunding education. These huge exec raises and taking away the possibility of special ed teachers, air conditioning for some schools, etc etc etc

https://www.fraserinstitute.org/studies/understanding-the-increases-in-education-spending-in-public-schools-in-canada-2017

Tell me ONE OCSB exec that has left the OCSB for the private sector. NONE! None of them could get such a high paying job with pay, benefits, vacation and pension.

Average raises for taxpayers are averaging around 2%, not in excess of 5%. And these pay increases may be “revisited” when teachers and principals get more raises from Wynne (as they always d0)

Paying a Superintendent $194K (with a pension of 70%) is obscene. This is a social justice issue!

PDF:

OCSB Executive Compensation Framework Dec 2017    

 

http://ocsb.ca/executive-compensation/

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Declining enrollment and skyrocketing costs!

  • Education spending on public schools in Canada increased by $17.5 billion (37.7 percent) between 2005-06 and 2014-15, from $46.4 billion to $63.9 billion.
  • Compensation (salaries and wages, fringe benefits, and pensions) accounts for most of the increase, growing from $33.5 billion in 2005–06 to $47.2 billion in 2014–15. Salaries and wages increased by 36.1 percent, from $27.6 billion in 2005–06 to $37.5 billion in 2014–15. Fringe benefits increased 53.6 percent from $3.6 billion to $5.5 billion over the period.
  • Teacher pension costs increased 77.8 percent from $2.4 billion in 2005–06 to $4.3 billion in 2014–15. Pension costs increased as a share of total education spending on public schools from 5.2 percent in 2005–06 to 6.7 percent in 2014–15.
  • ==============

 

  • With twice the debt of California, Ontario is now the world’s most indebted sub-sovereign borrower

 

 

http://business.financialpost.com/news/economy/with-twice-the-debt-of-california-ontario-is-now-the-worlds-most-indebted-sub-sovereign-borrower

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