Metro Vancouver bus drivers vote 99% in favour of strike mandate

You're clearly a better choice. You've avoided answering the questionof where the money would come from, say beautiful words, and just blame someone. That's all one needs to do right?

Let's start with the salaries. We have about 5000 bus drivers. Lets assume on average their annual salary is 60k. A 25% increase for all will mean an annual increased cost of $75M. Add in the extra pension and such, and that's probably another $1 billion in assuming an increase annual retirement payment of $10k per employee over a modest 20 years of retirement, but let's treat that as lump sum.

To improve schedule, let's say we need 100 new buses (even though it'd be more). At half a million each, that's a lump sum of $50M.

Now we need an estimated 300 new drivers to run those buses. With the raise, that's $75k per driver, so $22.5M annually. Add in say 10% support staff at $60k, and that's another $1.8M annually. Add in 10% mechanics at $80k a year, and that's another $2.4M annually. Pension? Another $48M lump sum.

Lets pretend that's all there is to increased costs and these additional staff are enough (spoiler alert, it's likely not). That's a increased annual cost about $101.7M, and a long term cost of over a billion dollars. We will take $300k from the CEO's current $400k salary. We still need about $101.4M annually from somewhere. The government says fuck you. The public says fuck you to increased taxes. Better get that magician.

/r/vancouver Thread Parent Link - cbc.ca