The province has unveiled new rules aimed at curbing lavish compensation for Crown corporation executives. Effective immediately, compensation for current executives will be frozen, and moving forward, the province will go to a pay-holdback model instead of a bonus system. That means up to 20 percent of their salary will be held back and paid out … [Read more...]
BC’s Solicitor General has served notice to Crown corporations.
February 1, 2012 by
BC's Solicitor General is applauding the move by ICBC to make changes to their employee bonus program. Shirley Bond referred to the changes as "a good first step" and added ICBC isn't the only crown corporation that was served notice. "I expect them to be as efficient as possible and that in my discussions included looking at … [Read more...]
