UFV’s payroll increased minimally over the last year; the university paid $73.4 million to faculty and staff in the 2015–16 fiscal year — a minor increase from $73.3 million the year before. While UFV’s payroll budget increased 0.1 per cent over the previous year, Statistics Canada claims that the average Consumer Price Index increased 1.13 per cent over 2015.
In the 2014–15 year, 387 employees were paid over $75,000, however the number of employees dropped to 383 for 2015–16. This last year, 111 employees made over $100,000 up from 93 employees over the 2014–15 period.
The highest-paid employee is again president and vice chancellor, Mark Evered, who made $210,028 in the 2015–16 fiscal year; a slight increase of $6,606 from the previous year. His expenses totalled $45,997 in 2015–16, up $28,570 from the previous year.
Second highest-paid employee is provost and vice president, academic, Eric Davis, who made $196,214 in the 2015–16 fiscal year, up $6,004 from the previous year. His expenses for the 2015–16 fiscal year were totalled at $8,492, down $966 from the previous year.
Employees with the highest expenses were executive director of internal education, David McGuire, and manager of international education marketing, Ravinder Philips.
McGuire totalled $85,120 in expenses over the 2015–16 fiscal year, up $23,509 from the previous year. His salary was $134,550, up $4,302 from the previous year. McGuire’s total compensation (salary and expenses) is the institution’s second highest, just after Mark Evered.
Philips’ salary dropped $2,959, from $89,308 to $86,349 for the 2015–16 fiscal year, but his expenses increased $8,235, from $67,259 to $75,494 for the same year
The university spent a grand total of $73,391,436 on salaries and $1,196,047 in expenses in 2015–16. Of the money spent on salaries, $37.3 million went to employees earning over $75,000. The rest was paid to employees making less than $75,000 and to the Receiver General (EI & CPP ER).
