The province is bringing in new legislation to set up a pay grid for executives of its agencies, boards and commissions. The government is still trying to get a handle on how much these CEOs are putting in the bank.
The problem Finance Minister Joe Ceci is finding, is the dollar amounts are all over the map. “Over the years, compensation practices between the public service and our province’s agencies, boards, and commissions have diverged, often significantly,” Ceci said.
“They had diverted away from the public sector compensation levels. So we will be getting more information, and that’s what this legislation really does is it provides us with the information we need to make good assessments, and we didn’t have that.”
Bill 19 has been brought in to impose a pay grid, for what’s known as the ABC’s. Ceci has found that 27 executives are getting six figures. This new legislation draws a line at $200,000.
“I’m here bringing in this bill to compel 27 agencies boards and commissions to provide this information. After we get that information we’ll be looking at that in more detail.”
Later steps will not only include the CEOs, but other top executives, and board members. “The legislation is written to include board members as well as others in the executive, but at this point in time, at this part, at this phase of the work we are looking at the CEOs,” Ceci told reporters.
The bill is part of a larger government strategy to bring order, fiscal restraint, and transparency to Alberta’s 301 agencies, boards and commissions.
(sj-with files from The Canadian Press)