PRHC executives could get 5% pay raise
The Peterborough Regional Health Centre board has passed a pay model for executives that could see the top earners make up to five per cent more.
In March, the hospital reached out for public feedback on a potential increase to salaries for six executive positions.
After 30 days the consultation period concluded, and the hospital has since passed its executive compensation framework but notes staff have not yet begun to implement that system.
While the framework passed includes a cap of a five per cent pay raise, it does not necessarily mean all executives will see that bump.
“This does not mean that all executives will receive a five per cent increase in subsequent years,” said Michelene Ough, spokeswoman for PRHC.
“Each year, the hospital will establish a suitable percentage increase to be applied to all non-union staff, including the executive team. That percentage will continue to be benchmarked against broader public service and hospital comparators and determined as part of the hospital’s budgeting process.”
According to the framework document, that cap also applies to future years, limiting any potential salary increases to five per cent, as well.
“That the entire (pay) envelope may increase by no more than five per cent in any future year and for the first year a determination would need to be made in terms of where to place executives within the newly approved ranges,” the document states.
According to the Sunshine List, a record showing the salaries of public sector workers who make more than $100,000, the hospital’s CEO, Dr. Peter McLaughlin, made $379,999 in 2017.
Under the new framework, the CEO’s possible salary range would be between $374,000 and $440,000.
Salaries have been frozen since
2010 and remains as is until the hospital implements the new framework.