By: Phil Froats
The Ontario government publishes an annual list that details names, salaries, positions and taxable benefits of all individuals who made more than $100,000 per year and work in the public sector of the province. A quick look at Hydro One and Ontario Power Generation (OPG) reveals some startling facts. Of the 12,000 OPG employees, 6,952 or 58% of them made more than $100,000 per year. Their total salaries were $935 million or an average of $134,494 each. Hydro One had 5,032 employees and 2,307 (46%) of them made a six figure salary that cost Hydro a total of $289 million or $125,271 each. The average Canadian’s annual salary, as released today by Statistics Canada, is $42,848, less than one-third of Hydro and OPG employees.
What do these people do to rate these salaries. Well, there are 18 Appendix A Mechanical Maintainers at OPG making up to $123,364. Hydro One has 16 Forestry Managers making up to $135,367 per year. OPG has 76 Civil Maintainers making up to $142,096. Hydro One has two Barrie Inventory Specialists making over $100,000. I sorted the positions for Hydro One alphabetically and gave up counting at Electical SubForeperson which was the 120th title, about 1/7th of the way though the whole list.
If you’d like to contact me at phil.froats@canadianbusiness.rogers.com, I’d be happy to send you copies of these salary details. The names have been removed and be prepared as these lists, like the Mississippi River, go on and on.
6 Responses to “ Shocking Salaries ”
Such electrifying figures sure gave me a jolt. Someone has too much power…
By CanadianInvestor on Sep 30, 2009
How can these salaries be justified? Is anyone comparing these salaries to the private sector?
I am thinking of coming out of retirement and getting onto the trough. Something smells here……
By Pensioner on Sep 30, 2009
Well, maybe this explains why my hydro bill went up over $200 this last quarter. We just get the new hydro meter installed and bam up goes the cost. I guess they need more money to pay these huge salaries.
By Robert Armstrong on Sep 30, 2009
Most of them are overpaid. $100,000 should be enough.
By martin eisner on Sep 30, 2009
Shocking to say the least. Revolting I would say. If CEOs and management boards can’t act more responsibly, then maybe salary caps are a necessity. There’s a thin line between adequate government control and interference in corporate affairs, but cases such as these demand stronger
regulation. The global economy is in a mess today because of greed and lack of government oversight and market regulation. Sad to say, I see very little being done in the USA to prevent another
similar debacle.
By Reg Garnett on Oct 1, 2009
Shocking to say the least. Revolting I would say. If CEOs and management boards can’t act more responsibly, then maybe salary caps are a necessity. There’s a thin line between adequate government control and interference in corporate affairs, but cases such as these demand
stronger regulation.
The global economy is in a mess today because of greed and lack of government oversight and market regulation. Sad to say, I see very little being done in the USA to prevent another similar debacle.
By Reg Garnett on Oct 1, 2009