Report Compensation for Senior Public Sector Employees
The Public Sector Employers Act provides the Minister responsible for the Act with the authority to direct employers to create compensation plans for excluded or executive employees, or to direct employers’ associations to create plans on behalf of employers in the association’s sector. The Minister’s direction may focus on certain groups of senior employees, or on all excluded and executive employees.
Any public sector employee with a base salary of $125,000 or more is considered a senior employee. Public sector employers must file with the Public Sector Employers’ Council Secretariat (PSEC Secretariat) any contract of employment entered into with a senior employee, and they must do so within 15 days of the contract being signed.
Public sector employers must report the following information to Public Sector Employers’ Council Secretariat:
- A report specifying the terms and conditions of employment relating to the senior employee’s compensation
- A copy of the written contract, if one exists
Employers are also required to report any changes to a senior employee’s compensation within 15 days of the change.
Compensation relating to the termination of employment must also be reported. When a senior employee is severed, the employer is required to report the severance to the Public Sector Employers’ Council Secretariat.
If an employer fails to comply with any of the above requirements, all or part of a contract of employment may be declared void.
A public sector employer must file a report required to be provided in relation to a senior employee under the Act together with a copy of the written contract of employment, if any, for the senior employee:
- Within 15 days after the contract of employment is entered into, and
- Within 15 days of any change to a term or condition of the senior employee's contract of employment that relates to compensation