CBC CEO Put in Hot Seat Over Performance Bonuses Amid Projected 800 Job Cuts

Published on January 31, 2024

The CEO of the Canadian Broadcasting Corporation underwent two hours of questioning Jan. 30 from Heritage Committee members who grilled her about yearly performance bonuses in light of 800 projected job cuts. “For the record, CBC/Radio Canada does not award so-called bonuses,” Catherine Tait said in her introductory remarks to the Standing Committee on Canadian Heritage. “What we have, like every other Crown corporation, is at-risk or performance pay, which is a key part of the total compensation of our non-union staff, about 1,140 employees.” Ms. Tait explained that extra compensation is integrated into a manager’s salary, distinguishing it from the typical end-of-year bonus common in the private sector. A portion of managerial salaries is reserved and only paid if the organization reaches predetermined “key performance indicators” (KPIs), according to Ms. Tait....

Continue reading on website
Other news

Mark Cuban Challenged Over DEI Hiring Practices

January 31, 2024
High-profile businessman Mark Cuban has doubled down on his position on inclusive hiring practices, defending his diversity, equity, and inclusion (DEI) hiring policy.“I’ve never hired anyone based exclusively on race, gender, religion,” Mr. Cuban said on X, formerly Twitter, on Jan. 28. “I only ever hire the person that will put my business in the best position to succeed,” he said.“And yes, race

Wisconsin Man Gets Life Sentence in 2021 Killings of 3 Men Whose Bodies Were Found Outside Quarry

January 31, 2024
LA CROSSE, Wis.—A man charged in the fatal 2021 shootings of three men whose bodies were found outside a Wisconsin quarry has been sentenced to life in prison.A La Crosse County judge sentenced Khamthaneth Rattanasack on Monday to a life sentence specifying that the Wausau man cannot seek early release until he’s served 35 years in prison, news outlets reported.Mr. Rattanasack, 46, pleaded guilty