Translink says Metro Vancouver mayors will get a say on how much its new CEO will be paid.
A letter from TransLink board vice-chair Barry Forbes to the Mayors Council says it’s working with an “independent third-party” expert on a new executive compensation plan, which must be approved by the mayors.
This comes days after the job posting already went up.
It advertised a more than $319,000 salary, up to 30-percent in bonuses, and more than $15,000 in transportation and parking allowances.
Vancouver Mayor Gregor Robertson says he wants to see a wage comparison analysis.
“It should be competitive with other cities obviously, we want to have great people running our transit authority here, and at the same time, it should not be higher, or it should not be at the high end of the range.”
Robertson adds, the person heading a transit authority should be using the system.
“It’s good to see the leadership at TransLink being on transit, the transportation allowance I think a lot of people found to be an oddity, and that’s obviously part of the compensation review going ahead.”
TransLink says overall executive compensation is down 5.2% over last year.