Exemplary Patient Experiences, Always.

 

Exemplary Patient Experiences, Always.

Executive Compensation

Our Principles

Halton Healthcare places tremendous value on being open and accountable to the communities we serve. HHS was among the contingent of Ontario Hospital Association members that called for Ontario's Freedom of Information and Protection of Privacy Act (FIPPA) to be extended to our sector. We are therefore pleased to provide public access to our Executive Agreements and related compensation policies.

We believe that:

Total compensation shall be provided by means of base salary, and the value of all benefits and perquisites;

Total compensation should provide rewards for exceptional performance in both the short and long-term, with a decided emphasis on long-term value;

Performance reviews and compensation decisions shall be consistent with the Terms of Reference for the President and Chief Executive Officer, shall be based upon our organization-wide results and achievements and board approved, identifiable, measurable objectives drawn from our strategic corporate objectives and, in particular, will be conducted in accordance with the performance evaluation provisions of the Terms of Reference for the Chief Executive Officer and Chief of Staff Retention and Evaluation Committee (the "Retention and Evaluation Committee");

Total compensation shall be externally competitive and relative to HHS' "compensation market", to the degree and extent described below, and shall be internally fair and equitable;

Total compensation shall be transparent and accountable to Halton Healthcare stakeholders. We are closely reviewing the report of the December 2011 Independent Expert Panel on Executive Compensation in Hospitals to determine whether there are any policies that we can implement that can further improve our compensation strategy.

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