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阿尔伯特省库物署
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大笔投资不赚钱
) Q. @+ v! }4 s# M0 X F反而发大笔的奖金
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% l; O7 }0 G# d* J这个纳税人拥有的银行% @+ T- f" I6 N" d$ W# @* R
07-08财政年度净收入只有3千万,
. ]& L$ r' [( {2 F# O却用2600万给员工发奖金8 f. t* ^" g. W
而原计划的净收入目标是2亿6千万/ h* r V# t1 E% ~! C* S/ t
06-07财政年度的净收入是2亿七千万
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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.
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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.( q# Z+ r( _, ] E) f' b7 P: s: N
( _- e% h5 [; a7 Q; A, z/ N; o2 vAuditor 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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In the 2006-07 fiscal year, the bank earned a net income of more than $270 million.
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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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The reason given for breaking the rule, Dunn said, was that “staff morale and retention” were at stake.9 ]0 N5 r+ m. v( L8 q7 d' L( m. f4 v
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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.2 y5 O- _+ z! U0 u
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ATB’s global financial markets department was dealing heavily in the paper at the time the market went south.
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- e E# Y8 }5 y/ `“If there are no consequences for not achieving objectives, then individuals in GFM are being rewarded for not achieving corporate objectives,” Dunn wrote.1 ?' R2 N' p, f+ R
7 I2 l& U# p! j* k) nMacDonald said that when a government-owned corporation performs poorly, ultimately it’s taxpayers who suffer./ i: B& q7 o0 _( L
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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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“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.# q' \: T) _4 u# J
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ATB, a Crown corporation, has 660,000 customers across Alberta and more than $24 billion in assets. |
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