VANCOUVER – TransLink executives are coming under fire from the Canadian Taxpayers Federation for continued pay increases.
The Lower Mainland transit authority issued its 2013 salary disclosure documents last Friday afternoon and it shows many executives receiving “record-breaking pay”, according to the CTF.
“TransLink executives love to cry poor and demand higher taxes and fares, but their pay is fatter than ever,” said CTF B.C. Director Jordan Bateman in a release.
Executive compensation rose in 2013 over 2012 despite declarations from TransLink’s chair that pay levels had been frozen and bonuses eliminated.
The agency’s top paid employee last year was its CEO Ian Jarvis who made $422,406 in salary and bonuses last year, which is a seven per cent increase over 2012.
Four other TransLink officials saw their pay rise between $25 and $50 thousand.
The CTF says a total of 434 people working at TransLink and its subsidiaries made more than $100,000 last year.
In a written response, TransLink says it has made changes to its executive compensation plan that will reduce take-home pay for senior executives in the current fiscal year.
The coming decreases in pay range from approximately $20,000 to $40,000 per executive, according to TransLink.
