2005 Public Sector Salary Disclosure

McMaster University is releasing a list of salaries of those employees whose 2005 income, as reflected on their T4 slips, met or exceeded $100,000. Corresponding 2005 taxable benefits are also listed. The disclosure of this material is mandated under the Ontario Public Sector Salary Disclosure Act.

“McMaster University needs to stay competitive with other post-secondary institutions, and as such needs to offer competitive salaries,” said Don Green, chair of the University's Board of Governors. “This is what you have to do to attract the best faculty and staff in order to deliver to your students the best education.”

McMaster University employs more than 6,000 faculty and staff. Total full-time and part-time student enrolment is more than 23,000. The University's annual operating budget for 2005/2006 is $345-million. The consolidated budget (which includes research and capital spending totals) is $692-million.

The public may access the salary disclosure list in the Office of Public and Government Relations, Chester New Hall, Room 111, weekdays between 9 a.m. and 4 p.m., or via the Web at www.workingatmcmaster.ca.