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阿尔伯特省库物署
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大笔投资不赚钱4 X" H' Z& g/ g) |! T
反而发大笔的奖金
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2 [" s7 J- Y8 R( p这个纳税人拥有的银行
4 M6 Z/ y1 v% S5 {8 ~, X07-08财政年度净收入只有3千万, Q6 e: G# ?6 n) p
却用2600万给员工发奖金
7 ^. H* O' S' J# m: R# C而原计划的净收入目标是2亿6千万# Y5 K% F* c& D9 N' p% x0 K* x q
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 $26 million in bonuses were handed out to staff after a year of dismal performance last year, says the head of the province’s public accounts committee.
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Liberal MLA Hugh MacDonald, who chairs the 17-member, all-party committee, told Sun Media, “I expect they will have some very direct questions” when representatives of the taxpayer-owned bank appear before them on Wednesday.. E. U$ y9 a) W7 O0 y5 c# i
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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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6 W8 b$ l: ]" z& q8 rDunn’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.' P9 J. q4 C+ G& h- @- w- P0 n- J+ K; u
( ~" O0 X8 M4 A7 bDunn said management overrode ATB’s policy that bonuses are tied to achieving or exceeding set targets.
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; O9 W4 a2 r/ G3 m1 VThe reason given for breaking the rule, Dunn said, was that “staff morale and retention” were at stake.' E0 q8 D% t5 @7 }- O9 {
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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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& a8 O, y; z+ j6 `ATB’s global financial markets department was dealing heavily in the paper at the time the market went south." P7 n5 H+ S: b
% b7 h3 j/ b9 j+ q“If there are no consequences for not achieving objectives, then individuals in GFM are being rewarded for not achieving corporate objectives,” Dunn wrote.+ j# {5 Q7 L7 s7 i0 z
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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.
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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." l6 J& f9 [4 S
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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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