Overview
- CBC/Radio-Canada’s board has officially discontinued its performance pay program for non-unionized managers and executives.
- The decision follows widespread criticism of $18.4 million in bonuses paid during the 2023-24 fiscal year, despite job cuts at the broadcaster.
- An independent Mercer review found CBC’s executive compensation to be conservative but recommended maintaining market-aligned pay after ending bonuses.
- Salaries will be adjusted to preserve current median compensation levels, ensuring competitiveness in the labor market.
- Performance objectives will still be set and measured, but they will no longer directly influence individual compensation.