Executive Compensation Framework

Due to the sensitive content, this post has been restricted to EDs, Board chairs and Lead NP/MDs. We ask Triad members to treat this information as confidential.

Accompass has developed a Lead Executive Role Assessment Framework and Guidance document to provide boards with recommended ranges of compensation based on responsibility of the role and the size and complexity of the organization. The materials are intended to provide a level of guidance previously unavailable to all Boards and to ensure that the Boards are referencing a consistent set of criteria for making compensation decisions.

This Guidance Document also fulfills the Ministry’s requirement that Boards use ‘factor-based’ analysis when determining compensation rates as per the Ministry’s Recruitment and Retention Planning Guide. If the Board decides to provide compensation above the applicable funded rate to the Lead Executive role based on the assessment framework, funding for this additional compensation must come from other funding sources or from reallocations of Ministry or LHIN funding.

We hosted two (2) webinars, led by the team at Accompass, to walk you through the framework developed and to answer any questions you may have. Here is the video from EDs’ webinar on June 6, 2018:

 

Here is the video from Board Chairs’ and Board Members’ webinar on June 19, 2018:

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