Updates coming to Alberta sunshine list
To boost transparency, executive contracts will be posted online
06/15/2017|payroll-reporter.com|Last Updated: 07/13/2017
The updated sunshine list, including employment and severance contracts, will be posted publicly by month’s end, according to Finance Minister Joe Ceci. REUTERS/Blair Gable
Alberta’s public agencies are now required to publicly post employment and severance contracts of high-level executives.
Earlier this year, government cut salaries and eliminated perks and bonuses, like golf club memberships and private health-care access, for the highest-paid top executives of agencies, boards and commissions. These changes brought compensation of agency executives in line with Albertans’ expectations of public-sector salaries.
On Tuesday, government approved regulatory amendments that require agency executive contracts to also be posted online. This practical change brings further accountability and transparency to public agency compensation and allows Albertans to know exactly what is in executive contracts and where their money is going.
“Public agencies are responsible for many of the programs and services Albertans count on,” said Finance Minister Joe Ceci. “This is one more way we are making sure ABC salaries serve the public interest.”
The contract disclosure requirements affect approximately 61 different executives this year.
Severance information, including severance contracts, will be released twice per year.
The updated sunshine list, including employment and severance contracts, will be posted publicly by month’s end.
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