Quote:
Originally Posted by ILoveHalifax
Just like in private business, when the company is in trouble and cannot meet its obligations the workers are required to take a pay cut, give up their pensions, do the work of more than one person, all with the hope of at least having a job.
Time for the employees of this province to face cut backs, like many others have done.
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It has happened continuously over the years in cycles: 3% rollbacks, unpaid days, wage freezes, etc. The issue is not that most employees in the province are being paid too much (although some* are) but rather that there are far too many of them. Govt is just too big, trying to be all things to all people. We waste a prodigious amount of money on things that are unnecessary while starving the core things that govt should do well. Cutting salaries and pensions will do nothing to solve the issue of mega-govt while making health care and education even worse.
* The website that shall not be named gave a rundown on salaries over $100K recently. I was disgusted to find that retired Dal President Tom Traves will continue to collect his approx. $450,000 annual salary and benefits for another 2 years as part of an ill-advised employment contract he was given. Meanwhile we are paying his replacement $360,000 annually. So nearly a million dollars a year to head a university. Add to that the likes of Ramsay Duff, departed as finance head of St FX collecting $360K and various other university types making over $250K annually and you see the attraction of amalgamating these places. They should not exist to create hundreds of 6-figure executive salaries internally, but rather to churn out people who will be able to get similar positions in the private sector.