Compensation Disclosure: Public Sector Compensation Transparency Act
Covenant Health is committed to practicing wise stewardship and sharing information about how we use resources entrusted to us. As such, and in compliance with the Public Sector Compensation Transparency Act, we disclose compensation for any employee receiving an amount over the established threshold for the year (as reported on their T4) as noted in the table below.
Calendar Year |
Annual Threshold |
2022 |
$141,183 |
2021 |
$136,805 |
2020 |
$135,317 |
2019 |
132,924 |
2018 |
129,809 |
2017 |
127,765 |
The compensation information released is total annual compensation earnings for the year in question, which includes base salary, overtime, shift premiums, weekend premiums, on-call pay, sick pay, vacation pay, benefits, and severance.
Covenant Health regularly posts salaries and expenses of the Covenant Health executive team. Total severance information is disclosed as part of our annual audited financial statements.
Definitions
Compensation: Income plus taxable benefits paid to a member or employee. Excludes severance.
Other (non-monetary benefits): If 2022 total compensation is $141,183 or more annually, non-taxable benefits, including the public sector body’s share of pension, supplementary pension plans, dental and health spending accounts and other benefits must also be disclosed.
Severance: Includes payments when employment or member’s appointment ends or retiring allowance.
Attachments (when required): An employment contract or severance agreement for employees in 2021 who receive over $136,805 annually in compensation and/or severance. Links open as PDF files.
Statement of Renumeration
All compensation disclosure data (csv)
Update February 22, 2022: Non-monetary benefits have been adjusted to include allocations to supplementary pension plans.
Contact
For inquiries related to this disclosure, including information about the exemption process, email Covenant Health Classification & Compensation at classificationandcompensation@covenanthealth.ca.
This page was last modified on October 13, 2022.