Economic stability dividend?

Don’t be too concerned with that seamutt, I received one of those once while working in the government. It was like a .005% raise…

Isn’t it more like a 6% wage increase over 5 years, with a bonus tacked on?

A 10% raise for UNBC faculty is almost double what they were offered during negotiations. It appears that the arbitrator has agreed that UNBC have been underpaying their faculty for many years. And it’s time to begin making amends for past injustices.

I would give UNBC’s decision makers a failing grade in several courses. Faculty negotiations, the James Moore fiasco, sharply falling enrollments in spite of the strong Maclean’s results.

How many mistakes can those nitwits make before they are expelled?

And what is the annual inflation rate or increase in the cost of living index?

Usually annual increases are calculated using the new increased pay from the year before. A quick calculation shows that the increase over the time period mentioned is 11.6%.

Considering that UNBC is projecting no increase in enrolments and a $2 Million deficit each year for the next three years, it will be interesting to see where they will get the money to pay for these increases. My guess is through more layoffs and perhaps some cancellation of some courses. 2% increase in tuition each year will not cover the cost of various increases.

This could fall under **cutting off your nose to spite your face** or **shooting yourself in the foot**

This could also go under unrealistic budget projections if they were planning to do the same olde, same olde.

Obviously the Board, like Putin, thinks that The Donald is a smart man.

Hopefully UNBC does not have any contracts with researchers in the USA which were negotiated to be paid in US dollars.

And it’s time to begin making amends for past injustices.

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Past injustices? Holy crap, working for UNBC is one of the cushiest public sector gigs out there!