Staff Compensation Presented by Chris Mace. 2 Old Compensation Package All full time field staff...
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Transcript of Staff Compensation Presented by Chris Mace. 2 Old Compensation Package All full time field staff...
![Page 1: Staff Compensation Presented by Chris Mace. 2 Old Compensation Package All full time field staff paid…](https://reader036.fdocuments.in/reader036/viewer/2022090107/5a4d1bf97f8b9ab0599eb111/html5/thumbnails/1.jpg)
Staff CompensationPresented by Chris Mace
![Page 2: Staff Compensation Presented by Chris Mace. 2 Old Compensation Package All full time field staff paid…](https://reader036.fdocuments.in/reader036/viewer/2022090107/5a4d1bf97f8b9ab0599eb111/html5/thumbnails/2.jpg)
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Old Compensation Package
• All full time field staff paid 40 hours per week• Paid bi-weekly• 1440 hours in the summer• 640 hours in the winter• Total of 2080 hours for the year• Any hours over 2080 paid at hourly rate• Hours under 2080 rolled over• HSA and RRSP with 3% matching
![Page 3: Staff Compensation Presented by Chris Mace. 2 Old Compensation Package All full time field staff paid…](https://reader036.fdocuments.in/reader036/viewer/2022090107/5a4d1bf97f8b9ab0599eb111/html5/thumbnails/3.jpg)
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New Compensation Package
• Hourly wage plus overtime • Bi-weekly pay period• Overtime equals 1.5 for hours worked over 88
in a pay period• Stat holiday pay as per ESA regulations• Vacation will be accrued as in the past:
4% for 2 weeks, 6% for 3 weeks etc.• HSA, RRSP and LTD
![Page 4: Staff Compensation Presented by Chris Mace. 2 Old Compensation Package All full time field staff paid…](https://reader036.fdocuments.in/reader036/viewer/2022090107/5a4d1bf97f8b9ab0599eb111/html5/thumbnails/4.jpg)
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Why Change?
• Ensure compliance with MOL by recognizing Overtime and Stat Holidays
• Enhances our ability to recruit staff by being a compensation leader in the industry
• Pay employees for hours they work• Pay the right people the more money
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Save $ Option • Option to bank pay for the winter when less
hours are worked• This is not the same as banking hours – staff
are banking $ • All earnings are processed in the pay period
earned, all CRA deductions will have been paid. Staff are simply banking net $ over and above a pre determined amount
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Lessons Learned • Need to ensure employee buy in • Budget for OT hours and stat holiday pay• Provide real life case study scenarios based
upon employees past hours worked• Staggered start times:
Crew leader vs Lead hand vs laborer• Manage downtime (non billable hours)• Average total hours worked for full time field
staff in summer = 1,614• Average overtime hours paid for field staff in
summer = 172
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