North York General Hospital has a comprehensive executive compensation program which is supported by an executive talent management and performance planning approach.
Performance Assessment Components:
Talent Management Assessment
In 2008 North York General implemented the Ontario Hospital Association (OHA) Talent Management Program. This program has been in place since then and includes an annual assessment of the senior team members' demonstration of executive leadership competencies
Executive Compensation Quality Improvement Plan
As a result of the Excellent Care For All Act, a performance-based plan was implemented effective April 1, 2011 for the Senior Leadership Team based on the following target measures:
- Quality Improvement Plan Targets
- Organizational Achievement of a Balanced Budget
- Specific Individual Attainment of Specific Objectives
For each of our executives, a percentage of compensation is linked to achievement of performance targets, which will be used to determine the magnitude of the performance allocation.
New Framework (BPSECA)
Established under the Broader Public Sector Executive Compensation Act, 2014, the Executive Compensation Framework regulation most recently updated in August 2018, sets out requirements for all BPS employers. For further information relating to the New Framework, please visit the Government of Ontario website.