The Province’s Broader Public Sector Executive Compensation Act of 2014 (BPSECA), requires broader public sector designated employers, which includes school boards, to develop Executive Compensation Programs to ensure a responsible, transparent, and consistent approach to managing executive salaries.
In consultation with Mercer (Canada), an independent consulting firm that specializes in executive compensation, an Executive Compensation Steering Committee, comprising the four publicly-funded trustee Associations, Supervisory Officers and Directors of Education Associations, developed the Executive Compensation Framework for use by all 72 Ontario Public School Boards to comply with this legislation. The Framework meets the intents and goals of the Ministry of Education and Treasury Board Secretariat to ensure responsible and transparent executive compensation management in the education sector. The London District Catholic School Board used the provincial framework to develop our local Executive Compensation Program.
Our Program balances the need to manage compensation costs with the need to attract and retain the executive talent we seek to ensure continued progress in student achievement and success.
As part of Ontario Regulation 304/16 - Executive Compensation Framework, we are required to conduct a 30-day public consultation on our local Executive Compensation Program.
Our Program can be found below. We welcome your feedback. To send us your comments, please email firstname.lastname@example.org. We will be accepting public feedback until December 7, 2017.
Following the consultation and review of the input, a summary of the public feedback and any changes to our Program will be submitted to the Ministry of Education for final approval. Upon final Ministry approval it must then be approved for adoption by the Board of Trustees prior to implementation.
Frequently Asked Questions
What are the requirements of the Broader Public Sector Executive Compensation Act (BPSECA) and the Ontario Regulation 304/16 – Executive Compensation Framework?
The government introduced the Broader Public Sector Executive Compensation Act (BPSECA) in 2014 and Ontario Regulation 304/16 – Executive Compensation Framework which requires Ontario broader public sector designated employers to develop an Executive Compensation Program, including an Executive Compensation Framework, to ensure a responsible, transparent, and consistent approach to setting executive compensation in the broader public sector.
What is an Executive Compensation Program?
An Executive Compensation Program sets out the rationale and compensation parameters for executive level positions in our Board. This approach balances the need to manage compensation costs with our need to attract and retain the executive talent we seek. In addition, our Executive Compensation Program meets the intent and goals of the Ministry of Education and Treasury Board Secretariat (TBS) to ensure responsible executive compensation management in the Broader Public Sector.
How was the Executive Compensation Program developed?
In consultation with Mercer (Canada), an independent consulting firm that specializes in executive compensation, an Executive Compensation Steering Committee comprising the four publicly-funded trustee Associations, Supervisory Officers and Directors of Education Associations developed the Executive Compensation Framework for use by all 72 publicly-funded Ontario Public School Boards.
What positions will the Executive Compensation Program be applied to?
At our school board, the Executive Compensation Program applies to the Director of Education and the Supervisory Officers (Superintendents)
Why is the Executive Compensation Program needed?
Recently, there has been difficulty attracting and retaining executive talent at school boards, due to the compensation compression resulting from executive compensation freezes and increasing Principal and Teacher salaries through negotiations.
Why are you consulting?
Ontario Regulation 304/16 – Executive Compensation Framework requires designated public sector employers to post their Executive Compensation Program on their public website for a period of 30 days for consultation.
How will input from the public consultation be used?
All input from the public consultation will be considered in the review of the Executive Compensation Program. Based on the input received, we will be better positioned to further refine and implement our Executive Compensation Program. We will also be better positioned to meet the requirements of this new legislation.
How can school boards justify executive salary increases when schools are being closed across the province?
Closing a school is one of the most difficult decisions school boards must make. They are not easy decisions nor are they taken lightly. School boards require highly skilled and highly principled leaders to lead the organization in providing, promoting, and enhancing public education. Student achievement and success is a critical public service and requires innovative leadership to further advance the current public education system.
Where can I find more information about executive compensation in the Ontario broader public sector and the legislation?
Additional information about the Regulation can be found here.
Additional guidelines for the Framework can be found here.