CBC CEO grilled by MPs over management 'bonuses' with layoffs looming

WNews
WNews 1 Min Read

Catherine Tait, CBC/Radio-Canada’s president and CEO, faced angry MPs Tuesday over the company’s refusal to rule out performance pay for some managers in a year when hundreds of employees are poised to lose their jobs.

Tait said this additional pay is baked into a manager’s salary — it’s not like an end-of-year “bonus” that’s standard in the private sector. Part of the pay is held back and only paid out if the corporation hits some preset “key performance indicators” or KPIs, Tait said.

If the company misses any of its KPIs, part of the “at-risk” management pay is withheld, as it was in the

Share This Article
Leave a comment
Report a Bug/Suggest Feature

Notice a bug on the site or want to suggest a feature. Please fill out the information below and one of our IT will look at the bug/feature report. If we have any questions or want more information, we will reach out vis email.

Reading: CBC CEO grilled by MPs over management 'bonuses' with layoffs looming

(C) 2012 – 2024  | WNews Broadcasting Corp, a W-World Company | All Rights Reserved

Connect
with Us

Report a Error with this Story

Notice a error or facts with this story, please submit the information below and someone from our newsroom will review it and change if required 

Beta

Welcome to The New W.News

It is with great pleasure that we welcome you to W.News 6, the most extensive update ever. Please bear with us as we continue to work on and fine tune the new site. WNewsNetwork.com will remain online until June 30, 2024.