CBC head Catherine Tait not ruling out executive bonuses despite cuts
Global News
The president of CBC and Radio-Canada signalled that she will recommend bonuses are rolled out to executives this year, despite plans to cut 10 per cent of the workforce.
The president of CBC and Radio-Canada signalled Tuesday that she will recommend bonuses are rolled out to executives this year, despite plans to cut 10 per cent of the national broadcaster’s workforce.
Catherine Tait told the House of Commons heritage committee that it’s ultimately up to the board of directors to determine who gets bonuses, starting at the end of March.
She didn’t say whether she would be a recipient of such bonuses.
The broadcaster announced in December that it was cutting 600 jobs and allowing 200 more vacancies to go unfilled, along with $40 million in cuts to productions, saying it aimed to head off a projected $125-million shortfall in the coming fiscal year.
Already about 100 positions have been cut, including about 50 on the CBC side, about 40 on the Radio-Canada side, along with 10 corporate positions, said Shaun Poulter, executive director of strategy public affairs and government relations at CBC/Radio-Canada.
The corporation’s bonus structure is merit-based and they are only provided to those employees who meet certain goals, Tait said.
More than 1,100 employees who are managers, executives or are compensated in certain pay bands are currently part of the incentive pay program, she said.
Tait wouldn’t say if she would opt out of the program herself, or reject a bonus, in light of the situation facing employees and walked away from reporters inquiring. Instead, Poulter stepped in to answer questions.
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