March 31, 2005

McMaster University 2004 Public Sector Salary Disclosure

Hamilton, ON - McMaster University is releasing a list of salaries of those employees whose 2004 income, as reflected on their T4 slips, met or exceeded $100,000. Corresponding 2004 taxable benefits are also listed. Disclosure is mandated under the Ontario Public Sector Salary Disclosure Act.

“McMaster University competes globally for faculty to ensure excellence at every level, and to offer excellence to our students,” said Ed Buffett, chair of the university’s Board of Governors. “We offer competitive compensation to attract the best in order to continue our tradition of recruiting and retaining quality faculty and staff.”

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 2004/2005 is $331-million. The consolidated budget (which includes research and capital spending totals) is $657.7-million.

The public may access the salary disclosure information 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 by clicking here.

McMaster University, named Canada’s Research University of the Year by Research InfoSource, has world-renowned faculty and state-of-the-art research facilities. McMaster's culture of innovation fosters a commitment to discovery and learning in teaching, research and scholarship. Based in Hamilton, the University has a student population of more than 23,000 and more than 112,000 alumni in 128 countries.