Tag Archives: Executive Compensation Levels

OHA proposes voluntary extension of CEO wage freeze

On the day Ontario’s 2011 “sunshine” list is being released the Ontario Hospital Association has called for a voluntary three-year extension of the two-year legislated wage freeze for executives.

The OHA says such a freeze would save $47 million over five years, averaging slightly less than $10 million a year on a health budget approaching $50 billion.

However, this may not necessarily mean all those CEOs and VPs will see their compensation packages unchanged.

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