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London Health Sciences Centre is committed to improving how we share information and engage the public. As part of this accountability, we report the details of compensation for all current senior executives.
Compensation is a key element in attracting and retaining highly skilled clinical and business leaders at our hospitals. Our current executive contracts comply with all applicable legislation, and also align with the very latest recommendations for health care executive compensation as contained in the Manley report released Dec. 9, 2011 - an independent assessment of compensation best practices for Ontario hospitals.
LHSC has a comprehensive performance and compensation program. Each year, a portion of CEO and senior executive compensation is directly linked to the achievement of the organization’s Quality Improvement Plan targets. For the President and CEO, additional performance objectives are also established and assessed annually by the Executive Committee of the Board of Directors.
We know that our community not only depends on us to deliver high quality and compassionate care, but also to be good stewards of the resources entrusted to us by the taxpayers of Ontario. We continuously review and improve our processes and we support the Ontario Hospital Association’s initiative to develop and implement a provincial framework for executive compensation.