Saturday, November 28, 2009

Metro Vancouver Directors -automatic 25% pay hike

According the Bowen Island Undercurrent Metro Vancouver Directors are slated for a 25% pay rate from from $253 per meeting to $316 per meeting (rate is doubled for meetings that exceed four hours). The pay rates are automatically increased by a formula introduced several years ago to avoid directors having to vote directly on their own pay increases.

According to the Bowen Island Undercurrent Metro Vancouver's finance committee "recommended no change be made to pay rates [i.e., keep the automatic increase], except that the board's lone electoral area director – representing unincorporated areas like UBC and Barnston Island – be considered for a stipend increase."