August 24, 2018: A weekly scan of new legislation and regulations important to the Ontario health sector, as well as articles of interest.
No new bills of interest.
REG. 406/18: Compensation Framework – Broader Public Sector Executive Compensation Act, 2014
O.REG 304/16: Executive Compensation Framework is revoked with this new regulation. This new compensation framework for designated employers and designated executives is effective as of August 13, 2018. The framework outlines what are the requirements for determining salary cap, performance-related pay, and other elements of compensation.
Similar to O.REG 304/16, the new regulation prohibits elements of compensation such as payments or other benefits provided in lieu of perquisites, signing bonuses, retention bonuses and cash housing allowances.
Came into force: August 13, 2018
For More Information: https://www.ontario.ca/laws/regulation/180406
Articles of Interest
Overdose Prevention Sites
What’s happening in our city this weekend: