Thank you for the question.
It has been a point of great frustration that this committee, or some members of this committee, refer to performance pay as a bonus. A bonus, in my mind, is something that is given out on a discretionary basis. Performance pay is a part of the total compensation of an individual that is contracted or agreed upon at the beginning of their employment.
If I could give a very mathematical example, if you are earning $80,000 and your performance pay is 10% of your $80,000, that means you're paid $72,000 until the end of year, when we review targets, key performance indicators and your performance, at which point you're paid out that amount of money.
In the current environment, pretty well all federal agencies, departments, Crown corporations and certainly the private sector use this performance pay as a way to incentivize and retain talent. If we were to eliminate performance pay at CBC/Radio-Canada, we would no longer be competitive in attracting talent to the organization, so it would create quite an obstacle for us.