July 11, 2016 8:59 pm

TransLink’s six-figure salary club grows to 596 people

A new TransLink report shows the number of people in the organization earning six-figure salaries has increased.

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A recently released TransLink report shows the number of people in the organization earning six-figure salaries has increased.

TransLink paid 596 people $100,000 or more last year, up 14 per cent from 2014 and 52 per cent over the past three years.

Jordan Bateman of the Canadian Taxpayers Federation is calling on new TransLink CEO Kevin Desmond to get salaries under control.

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“Clearly there’s plenty of money around for higher paid managers and directors and board members and senior staff,” he said. “There doesn’t seem to be that kind of money around when it comes to actually moving people around the region.”

In a statement, TransLink said:

“TransLink exceeds the legislated requirements by proactively publishing online each year our Financial Information Act Filing and Remuneration Report.

In addition to providing the schedules required under the Financial Information Act, TransLink annually includes remuneration for employees who earn more than $75,000 for each of its operating subsidiaries. This year, in the interest of transparency, we have included the schedule of payments to suppliers over $25,000 for each subsidiary, and the schedule of remuneration for the Mayors’ Council.

The report’s section on executive compensation reflects payments made in 2015, during which several executive positions were eliminated. It does not yet reflect the new executive compensation plan, which the Mayors’ Council approved in October 2015. Under the new plan the CEO salary has been reduced and vehicle allowances and other bonuses or incentives have been eliminated.

TransLink is a complex organization that integrates public transit and road planning. We move close to one million people each day, manage a total asset portfolio valued at $9 billion, and employ approximately 6,900 British Columbians.”

© 2016 Global News, a division of Corus Entertainment Inc.

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