Categories
Informational

Where the Money Goes

In case you haven’t heard, UBC’s salary data has been released for the fiscal year ending March 2009 (available here, Excel sheet including 2008 data, compiled by UBC Insiders, available here). In accordance with the Financial Information Act of BC, this document includes a breakdown of all persons earning over $75,000 and lists both remuneration and expenses. Upon analysis of this and the 2008 data, some interesting observations can be made.

Note: When examining this data, it is important to remember that remuneration is not purely paid salary but also includes benefits and other forms of compensation.

One datum which immediately jumped out, upon scanning through all 3,261 names, was that former UBC President, Martha Piper received a whopping $359,127 in 07-08 and another $96,526 in 08-09. As her term as UBC’s President ended in June 2006, it is astounding to see such large amounts of compensation still being paid.

It may also be interesting to note that UBC’s net salary increase was 8.19% from 07-08 to 08-09.

More detailed analysis of raises and other salary data after the jump.

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