EXECUTIVE COMPENSATION BC LIQUOR DISTRIBUTION BRANCH

Similar documents
EXECUTIVE COMPENSATION LIQUOR DISTRIBUTION BRANCH

EXECUTIVE COMPENSATION LIQUOR DISTRIBUTION BRANCH

EXECUTIVE COMPENSATION BC PUBLIC SERVICE

BRANCH. The Liquor as outlined. below: package to. attract and high levels. Objectives. . Service. to superior. culture. in a. organizational.

Page 1 BRANCH. The Liquor as outlined. below: attract and high levels. package to. Objectives. . Service. to superior. organizational. culture.

2016/2017 BRITISH COLUMBIA RAILWAY COMPANY COMPENSATION DISCLOSURE

Compensation Reference Plan

Partnerships BC Compensation Guidelines

Human Resources and Compensation Committee

BC Clinical and Support Services Society

EXECUTIVE COMPENSATION DISCUSSION & ANALYSIS APRIL 1, 2018

SCHOOL DISTRICT No. 73 (KAMLOOPS / THOMPSON) th Avenue, Kamloops, B.C. V2C 3X7 Tel: (250) Fax: (250)

Public Sector Executive Compensation Disclosure Guidelines. April 2018

May 10, Ms. Christina Zacharuk CEO & President Public Sector Employers Council Secretariat Suite 210, 880 Douglas Street Victoria, BC V8W 2B7

UNIVERSITY OF VICTORIA EXECUTIVE COMPENSATION REPORT

Total Compensation Philosophy for TRU s Executive Employees

Total Compensation Philosophy for TRU s Executive Employees

Executive compensation is reviewed by the Board and the GHRC as per the terms of reference outlined below.

Christina Zacharuk President and CEO Public Sector Employers Council Secretariat Suite 201, 880 Douglas Street Victoria, BC V8W 2B7

May 9, Ms. Christina Zacharuk President & CEO Public Sector Employers Council Secretariat Suite 210, 880 Douglas Street Victoria, BC V8W 2B7

PART ONE Compensation Discussion and Analysis

British Columbia Securities Commission

ENMAX CORPORATION 2016 REPORT ON EXECUTIVE COMPENSATION. as of December 31, 2016

Greater Victoria School District No Public Sector Executive Compensation Reporting

May 2, Christina Zacharuk President & CEO Public Sector Employers Council Secretariat Suite 210, 880 Douglas St. Victoria BC V8W 2B7

THE ESTIMATES, MINISTRY OF ENERGY SUMMARY $ $ $ $ OPERATING

To complete this filing in accordance with the direction received, I provide an attestation to the following:

SCHOOL DISTRICT No. 73 (KAMLOOPS / THOMPSON) th Avenue, Kamloops, B.C. V2C 3X7 Tel: (250) Fax: (250)

Report of the OMERS Administration Corporation Board Human Resources Committee

Public Sector Executive Compensation Report

Public Sector Executive Compensation Reporting Form

April 20, Christina Zacharuk President & CEO Public Sector Employers Council Secretariat Suite 210, 880 Douglas Street Victoria, BC V8W 2B7

TREASURY BOARD SECRETARIAT

Ministry of Finance Office of the Comptroller General

ENMAX CORPORATION 2017 REPORT ON EXECUTIVE COMPENSATION. As of December 31, 2017

Public Sector Executive Compensation Reporting Form Douglas College

Management Compensation Framework

F I N A L R E P O R T

Interior Health Authority. Statement of Executive Compensation

Interior Health Authority. Statement of Executive Compensation 2013/2014 PART TWO. Compensation Discussion and Analysis

Treasury Board and Finance

National Library of Canada Cataloguing in Publication Data

Supplement to the Estimates. Fiscal Year Ending March 31, 2019

National Library of Canada Cataloguing in Publication Data

Service Plan 2002/2005

Public Sector Executive Compensation Reporting Form

Compensation Practice

Long Term Disability Annual Report

Canadian Tourism Commission

Public Sector Executive Compensation Report Disclosure Form 2015

Christina Zacharuk President & CEO Public Sector Employers Council Secretariat Suite 210, 880 Douglas Street Victoria, BC V8W 2B7

Public Sector Executive Compensation Reporting Statement of Executive Compensation September 13, 2013

Saskatchewan Liquor and Gaming Authority. Plan for saskatchewan.ca

LONG TERM DISABILITY ANNUAL REPORT

Department of Finance and Treasury Board

Pier 1 Imports, Inc. Charters of the Committees of the Board of Directors Compensation Committee ( Compensation Committee or Committee )

Treasury Board of Canada Secretariat

Ontario Educational Communications Authority (TVO) November 1, 2017

COMPENSATION AND BENEFITS

Executive Compensation Bulletin

2017 Executive Compensation Summary

Non-Unionized Staff COMPENSATION PHILOSOPHY Reporting Requirements Public Sector Employers Act. Vancouver Island Health Authority

Assistant Deputy Minister, Financial and Corporate Services Division and Executive Financial Officer Ministry of Health.

2017 SALARY BUDGET REPORT MAKING SENSE OF THE MARKET

2013 I ENMAX Corporation

Ministerial Accountability Report. For the Fiscal Year Ended March 31, 2008 / Ministry of Finance Office of the Comptroller General

National Library of Canada Cataloguing in Publication Data

Treasury Board of Canada Secretariat. Performance Report. For the period ending March 31, 2005

TD global finance Pillar 3 Remuneration Disclosure

2016 Executive Compensation Summary

4 th May Christina Zacharuk President & CEO Public Sector Employers Council Secretariat Suite 210, 880 Douglas Street Victoria, BC V8W 2B7

Office of the Premier. 2006/07 Annual Service Plan Report

The Reform of Agencies, Boards and Commissions Compensation Regulation Handbook

May 28, Public Sector Employers Council Secretariat 2nd Floor, Suite 210 P.O. Box 9400, Stn Prov Govt Victoria, B.C. V8W 9V1

Severance & separation practices benchmark study

COMPENSATION AND BENEFITS

Superintendent of Financial Institutions/Superintendent of Pensions/Registrar of Mortgage Brokers Ministry of Finance Vancouver

Ministry of Finance. Annual Report for saskatchewan.ca

Public Sector Executive Compensation Reporting Guidelines Provincial Health Services Authority (PHSA) Statement of Executive Compensation 2008/09

Chapter 33 Coordinating the Use of Lean Across Ministries and Certain Other Agencies

Draft LAO executive compensation framework

Government accountability

ADVANCED EDUCATION CHILDREN S SERVICES COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT EDUCATION ENERGY ENVIRONMENT FINANCE GAMING GOVERNMENT SERVICES.

SASKATCHEWAN MINISTRY OF THE ECONOMY LABOUR MARKET DEVELOPMENT AGREEMENT (LMDA) LABOUR MARKET AGREEMENT (LMA) ANNUAL PLAN

Interim Estimates

Ministerial Accountability Report

TD Securities Limited Remuneration Disclosure

Finance and Enterprise BUSINESS PLAN

FICA QUESTIONNAIRE FOR NATURAL PERSONS ACTING ON BEHALF OF COMPANIES AND CLOSE CORPORATIONS

Strategic Plan The Department of Finance

Framework for Government Crown Agency Relationship

July 17, 2006 Victoria, British Columbia. Lieutenant Governor of the Province of British Columbia MAY IT PLEASE YOUR HONOUR:

NOTICE OF 2015 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT

BC Ferries Commissioner Service Plan and Budget For the Fiscal Year Ending March 31, 2018

Auditor General. of British Columbia. Follow-up of Two Health Risk Reports: A Review of Performance Agreements Information Use in Resource Allocation

Consolidated Revenue Fund Extracts (Unaudited)

Ministry of Finance. Annual Report for saskatchewan.ca

Report on Plans and Priorities

2017/ /20 SERVICE PLAN

Johnson, Penny CLBC:EX

Transcription:

EXECUTIVE COMPENSATION BC LIQUOR DISTRIBUTION BRANCH The Liquor Distribution Branch follows the BC Public Service compensation policy and guidelines as outlined below: Compensation Philosophy The executive compensation approach will provide staff with a competitive total compensation package to attract and retain a qualified, diverse and engaged workforce that strives to achieve high levels of performance in delivering government services to the people of BC. The compensation philosophy outlines the BC Public Service s objectives and guiding principles for compensation for deputy ministers, associate deputy ministers and assistant deputy ministers. Objectives The objectives of the BC Public Service compensation philosophy are to: 1. Support and retain individuals who demonstrate the BC Public Service values and skills needed to achieve the objectives of government. 2. Attract qualified, diverse and high-potential individuals to the BC Public Service. 3. Support the development of a performance-based culture by providing incentives for employees to achieve results and exhibit superior performance. Guiding Principles The following principles guide the design, implementation and administration of BC Public Service compensation programs: Differentiation: Differentiation of salary is supported where there are differences in the scope of the position within a ministry or corporate context, and/or due to superior individual or team contributions. Performance: Compensation programs support and promote a performance-based organizational culture. Transparent: Compensation programs are designed, managed and communicated in a manner that ensures the program is clearly understood by employees and the public, while at the same time protecting individual personal information. Accountable: Compensation decisions are objective and based upon a clear and well documented business rationale that demonstrates the appropriate expenditure of public funds. Guidelines for Administration Market Comparators The BC Public Service has identified the primary competitors for talent as: 1. BC public sector organizations (including Crown corporations, the health sector, the education sector, community social services, regional governments, municipalities, and various other public bodies); 2. Other provincial jurisdictions and the federal government (excluding northern territory jurisdictions); and 3. The private sector.

Executive Compensation The province s target position for executive compensation in the public sector market is to be from 3rd to 5th nationally amongst the provincial and federal governments. A determination is made respecting the appropriate ranking based on demographic and labour market trends, and economic variables. Pay ranges for executives were last set in August 2008. Under the model introduced in 2008, the maximum attainable salary for BC Public Service deputy ministers and for assistant deputy ministers ranked third among provinces and the federal government. Base pay for executives includes a salary holdback that is tied to leading human resources to corporate outcomes. The salary range maximums have not been increased since they were introduced in 2008. The maximum of the salary range is $299,215 for BC Public Service deputy ministers and $348,600 for the Deputy Minister to the Premier. Review Periods The maximum achievable salaries for executives under the framework approved by Cabinet in 2008 was set at 83 per cent of federal equivalent levels, which reflects the recommendation of a 2001 analysis by the consulting firm Watson Wyatt. Internal Relativity and Differentiation Base pay will typically be set at levels within scope of comparable positions within the BC Public Service. Differentiation of base pay reflects: Differences in the scope and responsibility of the work assignment in a corporate context; Recruitment and retention pressures; Emphasis on specific talent or unique skills within ministries required to meet service plan priorities; and Relative performance in achieving work goals and objectives. Salary Holdbacks The assessment of performance of Deputy Ministers in their roles is based on the achievement of goals and targets within ministry service plans and specific performance objectives. The measures for the salary holdback are based on an assessment of executive performance in leading their human resources to corporate outcomes. These outcomes may include goals related to the government s Corporate Human Resource Plan, Technology and Transformation Plan, financial targets and other corporate initiatives. Assessment of compensation holdback is conducted following the completion of the fiscal year and paid in May of the following fiscal year. There were four holdback measures for the 2015/16 fiscal year, with each measure equally weighted at 25 per cent. Holdback amounts calculated against these measures were paid in the 2016/17 fiscal year. Holdbacks for Deputy Ministers range from 5 10%. For the 2016/17 fiscal year, the first two holdback measures are weighted 25% each and the third measure is weighted 50%. The holdback for these measures will be paid out in the 2017/18 fiscal year. Leave Provisions Deputy Ministers and Associate Deputy Ministers receive one additional week of vacation supplementary to the leave entitlements provided to all excluded managers in the BC public service.

Holdbacks based on the 2015/16 measures will be reported and paid in fiscal 2016/17. 2015/16 Holdback Measures Measure 1. Achieving government s fiscal targets and performance on forecast. Target Achievement of ministry budget targets; AND % margin on forecasting as determined in conjunction with the Ministry of Finance; AND achieving the budget approval by the Minister of Finance consistent with Budget 2015. Targets will be confirmed by the Ministry of Finance. 2. Implementation of a Lean Culture Deployment Strategy Achievement of the Ministry s deliverables (key performance indicators and outcome targets) consistent with the Lean BC Initiative Guidelines by March 31, 2016 (3 per ministry to be specific). 3. Achieving results on discretionary spending targets. Achievement of a STOB 50 target by ministry, consistent with Budget 2015. Targets will be confirmed by the Ministry of Finance. 4. Delivering on the key priorities of government. Achievement of specific deliverables and outcomes from the tasks in the Minister s mandate letters (5 per ministry to be specific). For those agencies without a mandate letter, specific deliverables and outcomes will be agreed to with the Deputy Minister to the Premier.

Holdbacks based on the 2016/17 measures will be reported and paid in fiscal 2017/18. 2016/17 Holdback Measures Measure 1. Achieving government s fiscal targets and performance on forecast. Target Achievement of ministry budget targets; AND % margin on forecasting as determined in conjunction with the Ministry of Finance; AND achieving the budget approval by the Minister of Finance consistent with Budget 2016. Targets will be confirmed by the Ministry of Finance. 2. To begin to embed succession management into our leadership practices. A succession plan is completed for each Associate Deputy Minister and Assistant Deputy Minister role; AND Successful implementation of strategies, including coaching and/or mentoring practices, within each organization to develop the bench strength within. 3. Delivering on the key priorities of government. Achievement of specific deliverables and outcomes from the tasks in the Minister s mandate letters (5 per ministry to be specific). For those agencies without a mandate letter, specific deliverables and outcomes will be agreed to with the Deputy Minister to the Premier.

Liquor Distribution Branch Summary Compensation Table at 2017 Name and Position Salary Holdback/Bonus/ Incentive Plan Compensation Benefits Pension All Other Compensation (expanded below) Previous Two Years Totals Total Compensation 2016/2017 Total Compensation 2015/2016 2014/2015 Robert Blain Lawson, General Manager & CEO $ 175,500 $ 19,500 $ 10,124 $ 18,293 $ 20,181 $ 243,598 $ 245,493 $ 260,710 Roger Bissoondatt, Chief Financial Officer (CFO) $ 126,000 $ 14,000 $ 8,327 $ 12,901 $ 8,728 $ 169,956 $ 174,974 $ 174,942 Todd Cooper, Executive Director, Wholesale Operations $ 126,000 $ 10,500 $ 8,327 $ 12,901 $ 4,831 $ 162,559 $ 111,589 Michael Procopio, Executive Director, Retail Operations $ 126,000 $ 14,000 $ 8,327 - $ 15,627 $ 163,954 $ 157,013 $ 145,614

Summary Other Compensation Table at 2017 Name And Position All Other Compensation Severance Vacation payout Leave payout Vehicle / Transportation Allowance Perquisites / other Allowances Robert Blain Lawson, General Manager & CEO $ 20,181 - $ 20,181 - - - - Roger Bissoondatt, Chief Financial Officer (CFO) $ 8,728 - $ 8,728 - - - - Todd Cooper, Executive Director, Wholesale Operations $ 4,831 - $ 4,831 - - - - Michael Procopio, Executive Director, Retail Operations $ 15,627 - $ 15,627 - - - - Other

Notes Robert Blain Lawson, General Manager & CEO Roger Bissoondatt, Chief Financial Officer (CFO) Todd Cooper, Executive Director, Wholesale Operations Michael Procopio, Executive Director, Retail Operations year (2015/16) performance and were paid in July 2016. -Description for earned/accrued and not yet paid: a) Provision for retiring allowance (payable when qualified); b) Accrued 1.5 weeks of vacation. year (2015/16) performance and were paid in July 2016. -Description for earned/accrued and not yet paid: a) Provision for retiring allowance (payable when qualified); b) Accrued 8.5 weeks of vacation; c) Accrued 22.3 weeks of frozen vacation. Frozen vacation relates to vacation earned prior to 2003. year (2015/16) performance and were paid in July 2016. Todd Cooper was hired July 2, 2015 and therefore, holdback paid for 2015/16 performance was prorated for 9 months ($14,000 x 9/12 = $10,500). -Description for earned/accrued and not yet paid: a) Provision for retiring allowance (payable when qualified); b) Accrued 5 weeks of vacation. year (2015/16) performance and were paid in July 2016. -Michael Procopio is not part of Public Service Pension Plan as he has reached 35 years. -Description for earned/accrued and not yet paid: a) Provision for retiring allowance (payable when qualified); b) Accrued 8.75 weeks of vacation; c) Accrued 30.5 weeks of frozen vacation. Frozen vacation relates to vacation earned prior to 2003.