The Ryerson Students’ Union board of directors have approved a motion to revert executive salaries back to $36,000 — a nearly 30 per cent decrease from the $47,000 salary they received after increasing in in 2018.
Beginning Feb. 4, the $11,000 cut to executives’ salaries will be reallocated to the emergency bursary grant budget.
The emergency bursary fund is said to currently be empty, according to the last board meeting.
The motion also says that the executives’ salaries are “one of the highest, if not second highest, in the country, according to research.”
“It is prudent that the RSU prepare for possible decreases in revenue if the premiers ‘student choice’ initiative goes through,” it read.
The salary hike was initially approved at the last RSU semi-annual meeting.
The directors also voted to move the upcoming RSU election dates to a three-day period beginning March 12, with the campaign period now beginning on March 5.
The meeting’s agenda originally contained motions to impeach the four remaining RSU executives, but those votes have been postponed until the next board of directors meeting.
The executives facing motions of impeachment are RSU president Ram Ganesh, vice-president student life and events Edmund Sofo, vice-president operations Savreen Gosal, and vice-president equity Karolina Surowiec. The RSU’s vice-president education Salman Faruqi resigned on Wednesday