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阿尔伯特省库物署
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大笔投资不赚钱! g& \( B9 l9 |6 v; D' u* M
反而发大笔的奖金% E# \1 r& |6 _
被政府调查质询
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07-08财政年度净收入只有3千万,; a: e/ _: C3 X
却用2600万给员工发奖金+ v5 W8 k% m" S& `' t
而原计划的净收入目标是2亿6千万. e5 M! S" P/ o2 Q [
06-07财政年度的净收入是2亿七千万& k8 X( c6 X8 z" P. t! r! v
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Edmonton — Alberta Treasury Branch officials will have to explain why more than $26 million in bonuses were handed out to staff after a year of dismal performance last year, says the head of the province’s public accounts committee.* T% c( p+ G b' P7 A. R& g
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Liberal MLA Hugh MacDonald, who chairs the 17-member, all-party committee, told Sun Media, “I expect they will have some very direct questions” when representatives of the taxpayer-owned bank appear before them on Wednesday.
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$ J2 E) u" i! h. h+ Z" y; g/ `Auditor General Fred Dunn questioned the massive bonuses, given that the bank fell short of its net income goal by nearly 90% in the 2007-08 year.
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Dunn’s annual report, released last week, said ATB earned a net income of $30 million in the 2007-08 fiscal year, a fraction of its $262 million target.
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/ k# \% Y1 p) a1 n8 H! XIn the 2006-07 fiscal year, the bank earned a net income of more than $270 million.: u. ~0 J) S! g- B/ a7 e
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Dunn said management overrode ATB’s policy that bonuses are tied to achieving or exceeding set targets.
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9 b* D7 e! j. A: ?" AThe reason given for breaking the rule, Dunn said, was that “staff morale and retention” were at stake.
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The bank’s rocky ride began last summer, when the market in asset backed commercial paper, a form of short-term financing for business, collapsed.
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: z$ [+ D9 Q4 g5 d6 l- t# ]1 rATB’s global financial markets department was dealing heavily in the paper at the time the market went south.4 B: ? w& B* S9 g5 D
$ B1 ]! @% S. Y b2 j3 o1 u“If there are no consequences for not achieving objectives, then individuals in GFM are being rewarded for not achieving corporate objectives,” Dunn wrote.( i% L z/ v5 D, E- w& f
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MacDonald said that when a government-owned corporation performs poorly, ultimately it’s taxpayers who suffer.
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The whole purpose of bonuses is to motivate people to exceed expectations, he said, and giving bonuses when people fail completely defeats that.
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8 A) y% s2 w8 x6 P! {: v' s1 Y# t“We have to make sure our state-owned bank is managed in an efficient and prudent way,” MacDonald said.
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MacDonald said he’s also worried about Dunn’s finding that criminal background checks on new employees are taking up to three weeks after they’ve been hired.
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4 `# }- h7 p0 v' L( N& y$ SATB, a Crown corporation, has 660,000 customers across Alberta and more than $24 billion in assets. |
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