Are your energy bills rocketing skyward ... well have a read of these quotes out of the Van Sun:
Cobb made the prediction on a private conference call with Hydro staff on Aug. 12, one day after a government-appointed panel released a report slamming Hydro for its bloated staff and high wages and calling for Hydro to cut its planned rate increases in half. On the call, Cobb argued that the B.C. Liberal government’s 2007 energy plan, which requires Hydro to have enough energy on hand by 2016 to be self-sufficient, is enormously costly to the utility.
While acknowledging changes are needed, Cobb took issue with some of the report’s findings, noting the panel, which “have no background in our company or our industry,” only had a few months to make sense of “a very complicated company.”
As he did at his news conference, Cobb said he didn’t think it was necessary to cut the 1,000 positions recommended by the panel, saying 350 was a more reasonable figure.
He also disagreed with the panel’s conclusion that Hydro salaries are too high.
“If you read the report, [there are] at least two references to either our ‘generous compensation plans’ and in one case ‘very generous compensation plans,’ ” he said. “We have a fundamental difference with the panel on who we should be comparing our people against.”
Cobb said while the panel compared Hydro to other public-sector employers like universities and hospitals, Hydro believes a fairer comparison is to private-sector utilities like Fortis and Telus.
I guess that's what's meant by "corporate greed"? When did the public sector succeed in having all wages and salaries set according to that as is common in the private sector?