Public Sector Employers' Council
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Policies
Compensation Guidelines and Mandate Overview
Bargaining Mandates
PSEC works closely with public sector employers associations to develop compensation guidelines and bargaining mandates that recognise taxpayers· ability to pay while providing management with the flexibility to do business differently and more cost effectively. It is also recognized that compensation practices, in addition to a number of other management practices, may also play a role in addressing real labour market shortages.
Treasury Board approves compensation guidelines and bargaining mandates. Newly negotiated collective agreements are costed by PSEC Secretariat to ensure they are within the bargaining mandate approved by the Public Sector Employers· Council and Treasury Board.
Executive Compensation
PSEC works with public sector employers associations to ensure that executive compensation is reasonable, fair, by nether leading nor lagging the relevant labour market comparators.
Executive compensation plans must also take into consideration the current fiscal and labour relations environment. Accordingly, there will be no new funding for compensation increases: all compensation adjustments will have to be managed via existing operational budgets and through workplace efficiency gains.
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