April 28, 2024

Premier blames “semantics” in CLBC bonus saga

Premier Christy Clark is blaming "semantics" for the controversy over pay raises given to executives at Community Living BC. The government has been under fire after the raises were made public, since they equal bonuses that were supposedly eliminated last year. But Clark told reporters today the bonuses were really salary hold-backs that were tied … [Read more...]

ICBC changing bonus system

  ICBC is making some changes to its controversial bonus system. CKNW has obtained a memo sent to ICBC employees saying full bonuses will only be paid if the company meets its 2011 target of a 217 million dollar profit.  If there's a net loss, there will be no bonuses, if profits only reach 35 million, there will be no payout for the CEO … [Read more...]

Community Living BC to look at bonus structure

BC's social development minister says she has told Community Living BC's board she's not comfortable with their compensation and bonus structure, and they've agreed to change it.            Stephanie Cadieux is reacting to news the embattled organization has dished out performance bonuses at a … [Read more...]