Public Sector Employers' Council Secretariat
Executive Compensation – Guidelines and Senior Employee Reporting Database
Public sector excluded and executive employees who are not covered by collective agreements are covered by specific provisions of the Public Sector Employers Act. These provisions of the act are designed to support and coordinate reasonable compensation practices for this group of employees. Specifically, the Public Sector Employers Act addresses compensation plans, severance standards and the accrual of vacation and sick leave.
PSEC works with public sector employers associations to ensure that executive compensation is reasonable and fair, by neither leading nor lagging the relevant labour market comparators.
Executive compensation plans must also take into consideration the current fiscal and labour relations environment. Accordingly, there will be no new funding for compensation increases – all compensation adjustments have to be managed via existing operational budgets and through workplace efficiency gains. For additional information, see Public Sector Bargaining Mandate 2012 page on this website.
Public sector employers have the option to use salary holdbacks as a way to recruit and retain employees. These guidelines and principles may assist employers in designing and implementing pay plans that balance the need to recruit and retain while recognizing the Province's fiscal environment..
Senior Employee Compensation Reporting Database
Compensation reporting is required for senior employees (all employees who have a base salary of $125,000 or more). Public sector employees will continue to make available for public inspection during normal business hours, contracts of employment and reports filed with the Chief Executive Officer of PSEC.
Employers' access to the Senior Employee Compensation (SEC) reporting database:
>> CLICK HERE TO LOG ON TO REPORTING DATABASE