Performance Based Compensation and Executive Contracts
The Excellent Care For All Act (ECFAA) requires that the compensation of CEO’s and other executives be linked to the achievement of performance improvement targets laid out in the Quality Improvement Plan of every health care organization (beginning with hospitals) in Ontario.
As part of our commitment to transparency and accountability, and in accordance with Ontario’s Broader Public Sector Accountability Act (BPSAA), which requires organizations that receive public funding from the Province of Ontario to disclose annually the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in a calendar year; the MHA reports the travel, meal and hospitality expenses or our Board of Directors, Chief Executive Officer and Senior Leadership Team twice a year on November 30 and May 31.
The MHA Board, in its determination of performance based targets and percentages, has considered the recommendations made by the Ministry of Health Long Term Care (MOHLTC), local and broader hospital implementation plans, the current salaries of the MHA executive and their position related to Ontario Hospital Association (OHA) benchmarks along with the current provincial wage freeze. For each of our executives, 2% of compensation is linked to achievement of targets laid out in the Quality Improvement Plan. This plan, in effect April 1, 2015 to March 31, 2016, after which time all aspects of the plan will be benchmarked with the experience of comparable provincial hospitals. The performance-based compensation plan is used to determine the magnitude of the performance allocation.
Performance-Based Compensation Plan (April, 2011)
Performance-Based Compensation Plan (2012-13)