Five per cent appears to be the number for local senior public staff in Quinte.
The Broader Public Sector Executive Compensation Act of 2014, calls for all local school boards, colleges and universities, and hospitals to create a plan to see if their compensation for top brass is too much, not enough, or just right.
Quinte Health Care has received initial draft approval for their Executive Compensation Plan.
The Algonquin Lakeshore Catholic District School Board and Hastings Prince Edward District School Board Executive Compensation plans both called for a 5% pay increase for top executives.
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Acting Chair of the Quinte Health Care Board of Directors Stuart Wright.(Photo: John Spitters / Quinte News).
QHC Board Chair Stuart Wright says they followed the legislation to a T.
Wright says the model revealed that a 5% payout year over year would go to the top executives.
If the full 5% is paid out, it would mean just over $73,000, divided between the seven senior staff.
Wright says the main goal of this province-wide proposal is to ensure equality in pay, but also the ability to attract and retain top executives.
The public has an opportunity to comment on the proposal, until February 21st.
