The highest position at the District of Lantzville is the CAO - Chief Administrative Officer.
Did you know that in 2013, the salary of this position was $126,962. This included a $5,000 per year vehicle allowance.
Based on 2012 income data reported by Statistics Canada, that puts this salary in the top 5% of wages across the province.
Does this not seem slightly off?
- The median income is $29,970. This means that the CAO position of Lantzville makes $96,992 more than the average person in BC.
- If both parents are working in a family, and both parents are making the median wage of 29,970, the CAO position of Lantzville makes $67,022 more than this average family.
- According to census data, one out of every five Lantzville residents are over the age of 65. These are residents who are most likely living on a fixed income.
Further food for thought.
Since Lantzville incorporated in 2004, the salary of the CAO has had a compound annual growth rate of 5% per year. This means, on average, that the CAO has received a raise of 5% each and every year since 2004.
May I ask you how that compares to the salary increases you have been seeing.
Dollars to donuts there is a difference - and not a small one either.
Now it has not been a not been a smooth path upward for the salary increases. In some years the increases are more modest, in others they are larger.
For example:
In 2006 - 2007, the salary increased by a mere $18,291.
In 2007 - 2008, the salary increased by $11,105.
Please let me know what your thoughts are on this.
Thanks for reading.
john