Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What type of compensation program do senior public servants in Canada earn?
What type of compensation program do senior public servants in Canada earn?
- Two-part compensation program (correct)
- Variable salary based on inflation
- Performance pay only
- Base salary only
What does 'performance pay' consist of in the context of the article?
What does 'performance pay' consist of in the context of the article?
- Fixed amount that is guaranteed every year
- Additional tax incentives
- Government subsidies for executives
- Variable amount that must be re-earned each year (correct)
What was the total amount of bonuses handed out to nearly all of the Bank of Canada’s top executives in 2022?
What was the total amount of bonuses handed out to nearly all of the Bank of Canada’s top executives in 2022?
- $2.5 million
- $3.5 million (correct)
- $5.5 million
- $4.5 million
Who did not receive the $3.5 million in bonuses at the Bank of Canada?
Who did not receive the $3.5 million in bonuses at the Bank of Canada?
Signup and view all the answers
What is the purpose of the 'PMP' (performance management program) mentioned in the article?
What is the purpose of the 'PMP' (performance management program) mentioned in the article?
Signup and view all the answers
Flashcards are hidden until you start studying
