Wednesday, May 23, 2018

WHY NOT ABOLISH PERFORMANCE PAY?

   The Trudeau government is changing the rules to claw back the performance pay and bonuses paid to deputy ministers and other top-ranking federal executives if they are found guilty of misconduct or mismanagement.
    For the first time, the government will be able to recoup performance pay from its most senior executives should information come to light that would have changed the performance rating they were given that year.
    The new rules will affect 160 full-time governor-in-council appointees (GICs) who are appointed by cabinet and eligible for performance pay – these include deputy ministers, associate deputy ministers, heads of agencies and CEOs of Crown corporations. Nearly half are deputy ministers and associate deputy ministers. Most GICs serve “at pleasure.”
   But there are another 6,480 executives working in government entitled to performance pay who won’t be affected by the new rules.

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