The way this works is that when we engage an employee, there is a job to be done. That job is classified. We determine the salary that is appropriate, the level of compensation that's appropriate for that position. We give a percentage of that salary as base pay, and they get to collect that every two weeks as part of their base pay. However, we reserve part of it; we hold back part of it. That is the component that.... At the end of the year, we assess whether that individual has met the commitments that they made that year. Did their performance meet the expectations that we had of them? If it did, they earn back the rest of the pay that was put at risk at the beginning of the year.
Evidence of meeting #6 for Public Accounts in the 45th Parliament, 1st session. (The original version is on Parliament’s site, as are the minutes.) The winning word was cmhc.
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