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阿尔伯特省库物署" V4 ]8 P/ d9 ^0 Q/ B
ATB4 D% _+ X# c2 B% r
大笔投资不赚钱
' Q' d( ?5 F0 J" u7 I0 H反而发大笔的奖金5 _, w4 q- e4 N0 P" S0 ?
被政府调查质询
9 v @$ p3 g8 X) f6 l4 O这个纳税人拥有的银行6 J: ^* w p" m: E& t: F. N G9 d- q
07-08财政年度净收入只有3千万,$ e* ~; x s; N1 Z0 N) I
却用2600万给员工发奖金, E- Z1 y/ R# z( w, V6 z3 F, F5 z
而原计划的净收入目标是2亿6千万
7 @# ~( L+ E0 A06-07财政年度的净收入是2亿七千万7 f! B$ N' s& v. k$ @- z% R
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Edmonton — Alberta Treasury Branch officials will have to explain why more than $26 million in bonuses were handed out to staff after a year of dismal performance last year, says the head of the province’s public accounts committee., j; Y+ @5 Y* ~; @
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Liberal MLA Hugh MacDonald, who chairs the 17-member, all-party committee, told Sun Media, “I expect they will have some very direct questions” when representatives of the taxpayer-owned bank appear before them on Wednesday.
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) P$ C' |7 {5 x8 k+ UAuditor 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.0 K2 m, L4 J* H3 q4 b, P- D
! G& |! o" h8 V9 b5 b' Z6 ^1 xIn the 2006-07 fiscal year, the bank earned a net income of more than $270 million.
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Dunn said management overrode ATB’s policy that bonuses are tied to achieving or exceeding set targets.
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3 e! N4 ]: K5 I3 v2 U3 L# h( R) _The reason given for breaking the rule, Dunn said, was that “staff morale and retention” were at stake.
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The bank’s rocky ride began last summer, when the market in asset backed commercial paper, a form of short-term financing for business, collapsed.
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ATB’s global financial markets department was dealing heavily in the paper at the time the market went south.
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“If there are no consequences for not achieving objectives, then individuals in GFM are being rewarded for not achieving corporate objectives,” Dunn wrote.
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MacDonald said that when a government-owned corporation performs poorly, ultimately it’s taxpayers who suffer.
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The whole purpose of bonuses is to motivate people to exceed expectations, he said, and giving bonuses when people fail completely defeats that.
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“We have to make sure our state-owned bank is managed in an efficient and prudent way,” MacDonald said.; ^) t2 Q y8 A6 p/ L* D9 S4 D$ y
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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.0 g# {& q, y% T, z$ c, d1 Q
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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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