Contracts are contracts.

But bad optics for sure. 

Safe to assume (?) new contracts/renewals won't be as generous.

More arrows in PP's quiver.

Bastards

RadioActive wrote:

Well, this is what makes this move so stupid. Why would you provide easy ammo for your toughest critic? It's either arrogance or stupidity - or both. Either way, it's hard to justify, regardless of contracts. Unless they see the writing on the wall and think of this as their last chance to cash in.

It certainly doesn't help their cause. 

Because they are contractually obligated to. Those employees and managers met certain targets. Not paying those bonuses is the same as not paying someone's entire salary. If they don't, they'll be sued, successfully. 

It's not surprising that people who don't know what a variable compensation structure is are the same ones yelling "CBC bad" at an article about them functioning the same as any other corporation.

Last edited by RadioAaron (August 12, 2024 10:15 pm)

cash wrote:

How did they improve things??

A variable compensation structure is almost always more efficient and a better use of funds than straight salary. It's the more economically sound way to pay employees. 

cash wrote:

RadioAaron wrote:

cash wrote:

How did they improve things??

A variable compensation structure is almost always more efficient and a better use of funds than straight salary. It's the more economically sound way to pay employees. 

I know that. I spent my whole career in payroll admin. My question is what improvements were made to warrant the bonuses? Are ratings, advertising or subscriptions up?? 
 

What are you looking for here? Names of individual employees and how they met and sometimes exceeded various benchmarks? Because if so, ya got me there!

cash wrote:

RadioAaron wrote:

cash wrote:

I know that. I spent my whole career in payroll admin. My question is what improvements were made to warrant the bonuses? Are ratings, advertising or subscriptions up?? 
 

What are you looking for here? Names of individual employees and how they met and sometimes exceeded various benchmarks? Because if so, ya got me there!

I realize personal employment contracts are not released to the public but I think the CBC can give us some broad information on how things have improved. I don't see the improvement looking at it from the outside. How are they measuring such improvement for an organization which is essentially non profit?
 

Individual employees can successfully earn their agreed-to compensation packages regardless of the performance of their employers.

Sorry, but what's your actual point?

Would you have batted an eye at a similar rage-bait headline if you weren't politically against the existence of a corporation in the first place? 

 

The fact we may never know is infuriating. 

Ottawa still mulling over bonus for CEO of CBC, but won't make decision public

paterson1 wrote:

Doesn't really matter.  The CBC haters would also be infuriated if the bonus was made public.  A contract is a contract as has been mentioned.  Once both parties have signed and agreed, it is a done deal.  People always say that CBC should be run more like a business.  This is exactly how large free enterprise businesses operate.  At least the $18 million went to about 1,200 employees and not one person.  

But the difference is this is public money not private enterprise. Feelings about the CBC aside, I would think taxpayers have a right to know where their money went, regardless of what government organization it is. No one can stop the payments, but we should at least know who got what. I don't think that's a lot to ask. 

Just to do a quick comparison, in 2022 the president of Bell Media Wade Oosterman made a total of $4.88 million.  His base salary was $900,000.  Colette Watson who heads up Rogers Sports & Media, latest figures show her salary at $4.3 million which includes a bonus of $592,510.  Yes these are private companies that can spend money how they wish.  However they are also public in the sense they are publically traded companies and invested in by many thousands of people.  And remember those figures when you pay your next $200 Bell or Rogers invoice. 

Compared to other public broadcasters Catherine Tait would be at the lower end of compensation.  The head of BBC was paid about $900,000 in Canadian dollars last year, and the head of ABC, the Australian Broadcasting Corporation was $936,000 CA in compensation.  In those countries, just like here, competing and mostly right wing media have been complaining on the amount these executives receive in renumeration.

Interesting that the highest paid employee of BBC is a soccer commentator, Gary Lineker who brought in a very high $2.8 million CA in salary and bonuses last year. 

Last edited by paterson1 (August 17, 2024 8:08 am)

Walter wrote:

They could save close to a million bucks by canning that sniveller, Ron McLean.

For the past 10 years, Ron MacLean's primary employer has been Rogers Sportsnet, which produces Hockey Night in Canada, which simulcasts on CBC and uses a CBC Toronto studio. HNIC advertisers cover his salary, whatever it is these days.

He appears on CBC Sports productions occasionally on a freelance basis. Most would have noticed he had a diminished role at the Paris Olympics as an analyst and not a primary host like he had been for many Olympics in the past.