GBC Priorities George Brown College doesn't have money for: hiring new full-time faculty. Over 70% of George Brown faculty are precariously employed on short-term contracts. ----- The College has money for: Two college presidents - Anne Sado: Total Salary 2021-2023: $1.1 million -Gervan Fearon: Total Salary 2021-2023: $853,533 Hefty salary increases for management: -Senior VP of People Enablement and Experience: 30.5% increase (2021-2023) -Vice President of People and Culture: 25.9% in 2022, and 23.2% increase in 2023 Buying Real Estate -$230 million for the Corus Building Management Bloat -"Senior leadership team" doubles in size -new "managers of academic operations" hired across the college -creation of new senior admin roles More Hefty Salary increases for management -"Chairs" all became "Associate Deans": 15 -20% wage increases
COLLEGE FINANCES The College Sector: -Almost $1 billion last year -2.7 Billion cash on hand George brown College: -$20 million surplus last year -$40 million cash on hand Colleges' Proposals -Offer wage increases of 2% annually for the next 4 years. *inflation rate has averaged 3.3% over past 5 years -Dismiss Workload Task Force recommendations as too expensive What can you do? Stay informed, stay engaged, get involved. -find out more about faculty proposals (and the concessions the CEC is asking for) -support our bargaining team by voting 'yes' in the strike mandate vote Oct 15-17

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