Yes. It's a really important question. For executives in the public service, there are two components to their salary. There are incentives and there is a bonus. Those incentives, performance pay, are part of their salary. There are criteria, and if they meet those criteria, achieving the goals and objectives in their performance, then they qualify to get their performance pay. That is part of their package.
The bonus part is a very small portion; about 7% received it last time. At-risk pay is a portion of executives' compensation, on average about 11%, which must be earned annually by meeting some expectations outlined in their performance agreement. I'm just giving you the right wording. This is not something on top of their salary; it is part of their job agreement. If they meet those targets, then they receive the performance pay, as well as a bonus if they're performing exceptionally.
This happens in the private sector as well. If you want to have talent, if you want to provide world-class government services, then you need to attract people. I'd like to thank them for delivering services to Canadians, and for their commitment and their dedication.
