Ontario WSIB’s $400,000-a-year CEO David Marshall gets another two years at the troughCanadian Contractor Permits & Legal Business canada Error Financial Insurance Liability
Marshall acknowledges that he won't win any popularity contests. Certainly not among the estimated 80,000 owner-operator contractors who were previously exempt from WSIB, but who got roped into paying into it as part of a plan that earned Marshall a $400,000 bonus.
I. David Marshall, for the past five years the WSIB’s top bureaucrat at $400,000 per annum (not to mention his recent $400,000 bonus), will be staying at the tr… – excuse us, the post – for another two years, the Ontario government has announced.
Marshall, 69, qualified for his $400,000 bonus at the end of his first five-year term for coming up with a scheme to reduce the WSIB’s unfunded liability. It dropped from $14-million to $9-billion, according to the Toronto Star.
Controversially for Canadian Contractor‘s renovator and small business homebuilders, Marshall’s plan to attack the WSIB’s financial shortfall included, as part of Bill 119, forcing more classes of contractors into making mandatory payments (such as owners and officers of companies).
In the Toronto Star article, Marshall acknowledges that he won’t win any popularity contests since “everybody loves to hate the WSIB,” but that he feels the WSIB is the best workplace insurance entity in North America.
Let us know what you think about that.
Editor’s Note: An earlier version of this story (Feb. 4 ) stated, incorrectly, that David Marshall “will receive an extra 9-months’ pay… for helping to groom his successor” at the end of his new, two-year term. Christine Arnott, a spokesperson at the WSIB, emailed us this: “You report that Mr. Marshall qualified for a $400,000 bonus, which is true. However, Mr. Marshall will not be receiving a performance bonus and has accepted a wage freeze as part of his new contract.” Canadian Contractor apologizes for the error.