BCTF’s opening proposal for salary is Cost of living for the 1st year, cost of living plus a small market adjustment of 3% in the second and third years. BCPSEA claims that this opening proposal of 15% over 3 years amounts to 2 billion dollars.
Let’s take a closer look.
The full operating grant funding for 2011/12 amounts to 4.72 billion dollars. Teacher salaries account for 2.17 billion. That’s about 46% of the total operating grant for the province.
Yet the government and BCPSEA claim that an opening proposal of 15% over three years will equal 2 billion? Even an elementary school studying basic percentages couldn’t fathom that. That preposterous claim would mean that the teachers are asking that their salaries be raised by nearly 100% during the course of three years. Did they hear wrong? Were the teachers asking for 100% increase over 3 years? No, they were making an opening proposal of 3% (cost of living), 3% cost of living + 3% market adjustment, then 3% cost of living + 3% market adjustment. All of which is negotiable, by the way.
15% of 2.17 billion is actually $325,510,038. Even with some compounding over the 3 years, the teachers are not asking for 100% increase over 3 years as BCPSEA suggests and as Mr. Abbott and various newspapers keep repeating.
Hope that puts an end to the Mug’s game that BCPSEA is playing with regard to salary demands.
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ReplyDeleteSorry fast typing...made some errors - wanted to correct it.
ReplyDeleteBasically stating that the Liberals have allocated $1.6B in their budget this year to pay off the HST debacle. It is the costs they have to incur to the Federal Government. The Fed's have given them 5 years at no interest to pay off this "fine" for their error in judgement.
Clark has decided to show the entire $1.6B as an expense for this year. It gives a false impression of how full the "cupboards" really are.
BC must pay $320 000 000 per year to pay off the $1.6B.
Even if they decided to pay double this year - there would be $1B dollars there....
Staggering isn't it?