Tauranga City Council has today agreed to increase the remuneration given to Tourism Bay of Plenty trustees at a total cost of more than $43,000 a year.
The council initiated the review to ensure that the level of remuneration aligned with the value the trustees brought to the board, and
because their remuneration hadn't changed in many years.
The rationale for appropriate remuneration is based on a methodology developed by Auckland Council. Tauranga City Council agreed to increase the trustee remuneration with the lower end of the methodology.
The trustees will receive an annual remuneration of $7500, the deputy chair $9375, and the chair $15,000. The total increase of the change is $43,375, which will be included in the 2016/17 Annual Plan. The remuneration will commence July 1, 2016.
The council said the decision was made in order to attract and retain talented and qualified trustees. Tourism Bay of Plenty has an aspirational target to increase visitor spend to $1billion, strong governance and leadership will help to achieve this goal.
