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阿尔伯特省库物署: l+ Q, r, @/ h; ]9 O f6 a. B$ U0 A
ATB/ s* w- @, t$ l2 ?$ ~* P( V
大笔投资不赚钱
, p9 Q, W: V3 E# ` L8 S反而发大笔的奖金
8 l/ Z: E/ x3 r# E$ x! U4 c被政府调查质询
1 P/ k1 s' \( G( X. t( Q) C这个纳税人拥有的银行
; @+ |* n3 d% u07-08财政年度净收入只有3千万,
1 f0 I; n/ o c0 Y却用2600万给员工发奖金 A# T3 I- K- T, O5 C L, J$ g' ^
而原计划的净收入目标是2亿6千万
8 u* v5 S$ I! G1 h* Y! `06-07财政年度的净收入是2亿七千万0 g# Z: \' @7 u1 Q3 p, L, L
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Edmonton — Alberta Treasury Branch officials will have to explain why more than $26 million in bonuses were handed out to staff after a year of dismal performance last year, says the head of the province’s public accounts committee.0 c! d) x( Y n1 w9 _$ p
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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.- K9 L) P( t6 v* w
1 x0 m5 K- V, [+ q% ^" QAuditor 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.2 v/ T0 t. ]5 k2 ^4 g
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Dunn’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.9 J3 S" M# C" X/ P1 R) B
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In the 2006-07 fiscal year, the bank earned a net income of more than $270 million.# q0 C# e% _8 T; {: y: b r
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Dunn said management overrode ATB’s policy that bonuses are tied to achieving or exceeding set targets.
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* D4 R. [5 u- [+ l, V! ]The reason given for breaking the rule, Dunn said, was that “staff morale and retention” were at stake.
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p8 m1 ^+ G3 O4 a; N3 p: ]The bank’s rocky ride began last summer, when the market in asset backed commercial paper, a form of short-term financing for business, collapsed.
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ATB’s global financial markets department was dealing heavily in the paper at the time the market went south.
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1 T/ h# I# n( T- v2 ?% U, h- R“If there are no consequences for not achieving objectives, then individuals in GFM are being rewarded for not achieving corporate objectives,” Dunn wrote.4 |6 Q3 R* T! o! T$ w. t4 e9 v
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MacDonald said that when a government-owned corporation performs poorly, ultimately it’s taxpayers who suffer.6 R3 Q7 w- c8 B" j$ f" e& U
' S! K- z+ D& u4 hThe 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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( J! g! p6 `: i2 q! L“We have to make sure our state-owned bank is managed in an efficient and prudent way,” MacDonald said.
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2 k9 r5 @" W, \; i1 Z4 _3 R7 v9 C* U/ cMacDonald 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.
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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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