Metrolinx CEO's salary has increased by 8 times since Doug Ford took over Ontario Metrolinx DougFord
It begs the question: did one of the province's top public-paid employees get another raise as the transit world crashed down around him?
It wasn't always like this. In his first year as CEO in 2017, Phil Verster was raking in a healthy salary of $104,576.50, including his $3,144 in annual benefits. According to the Bank of Canada's inflation calculator, Verster's 2017 salary and benefits would have amounted to $122,656.37 if he were getting the inflation-adjusted salary hikes most of us would dream of having written into contracts.
But Verster made far more than that in 2021, accepting substantial salary and benefit hikes in 2018, 2019, and 2020 that brought his total earnings up to an astonishing $851,867.19 for an increase of $747,290.69 in just four years.
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