Executive compensation program
Since 1996, all of Ontario’s hospitals have been subject to the Public Sector Salary Disclosure Act. Every year, they are required to disclose the names, positions, salaries and total taxable benefits of employees earning over $100,000 per annum.
The salaries of public and broader public sector employees is published on the Web site of the Ontario Ministry of Finance.
The Board of Directors of Hôpital Montfort establishes the compensation of its senior executives by taking into account the median of 13 comparator organizations, 7 of which have an academic mission and 5 of which are located in Ottawa. These organizations are:
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Here are the components of Hôpital Montfort executives remuneration.
Positions | Maximum base salary | Performance pay eligibility | Maximum salary |
---|---|---|---|
President and Chief Executive Officer |
$ 442 835 |
0-10 % |
$ 487 119 |
Chief of Staff (0,8) |
$ 285 714 |
0-5 % |
$ 300 000 |
Senior Vice President, Patient Care |
$ 295 791 |
0-5 % |
$ 310 581 |
Senior Vice President, Finance and Administration |
$ 277 610 |
0-5 % |
$ 291 491 |
Senior Vice President, Strategy, Transformation and People |
$ 270 424 |
0-5 % |
$ 283 945 |
Benefits
Each executive is entitled to the benefits package offered to managerial staff, which includes a short and long-term disability insurance, a group life insurance, dental insurance and a supplementary health insurance.
Allowance for the use of a personal vehicle
Executives do not receive an annual allowance for the use of a personal vehicle. Kilometre charges are reimbursed according to hospital policy.