The compensation package for vice presidents of the University, based on the guidelines above, is recommended by the President to the Board of Governor's Management Resources and Compensation Committee for approval. The President's compensation package is dealt with directly by the Management Resources and Compensation Standing Committee. Once approved, the compensation packages for each executive officer are published in the set of Financial Statements containing Bill 23 information. Detailed Procedures To determine the appropriate compensation level, the jobs of executive officers of UBC are first evaluated by using a system which measures factors such as skill, effort, responsibility and working conditions, and then, based on the composite job worth, compares with jobs in B. C. organizations, and, where appropriate, with similar positions at other North American universities. All elements of compensation are costed into the total, unless noted as merely nominal in value.
Factors considered as part of the guideline include age, employability and long service elsewhere.
Arrangements for orderly transition of benefit coverage may be approved on an individual case basis by the President. Where there is an Board-approved contract, addressing termination arrangements with an executive officer, those contract conditions will apply. Executive Officer means President and Vice President. The University of British Columbia .