\u0027So 89 per cent of the executives got bonuses based on them failing over 50 per cent of the time to reach their targets,\u0027 Conservative MP Kelly McCauley said
The latest numbers from the Treasury Board Secretariat are contained in documents tabled in Parliament recently following a question from the Conservatives.In the documents, TBS noted that bonuses were dolled out to 89 per cent of the public sectors’ executives, or 7,232 people, in 2020-2021.
The documents do not provide a breakdown of how much of the $171 million went to executives specifically, which includes both performance bonuses as well as “at-risk pay.” But in that year, a federal government database shows that departments collectively achieved barely 48 per cent of the 2,777 targets set in the sum of their individual annual self-reported Departmental Results Reports.
“I can tell you when I worked in the private sector, 48.3 per cent would mean you’re being shown the door, not shown Google Maps and how to get to the bank to deposit your bonus,” he added. The second highest sum was paid by the Canada Revenue Agency — $13.5 million to 97 per cent of its executives and nearly 2,000 non-executives — and the third was by Global Affairs Canada — $10.6 million to 97.5 per cent of its executives and 55 non-executives.Article content
Executives can earn up to 20 per cent of their base salary in at-risk pay and up to six per cent in performance bonuses. Those amounts jump to 30 per cent and nine per cent respectively for deputy ministers, heads of agencies and other governor in council appointees.
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