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阿尔伯特省库物署& R. ^" ^, C2 s4 I: J0 g
ATB& p* r8 T. G6 K, p7 Y3 Y! V
大笔投资不赚钱2 V% x: \: F) Y
反而发大笔的奖金
" T! v+ _ F9 ]" u被政府调查质询
: ~' Q$ _* X- H( W0 C+ u这个纳税人拥有的银行; k; p9 d I* n0 K
07-08财政年度净收入只有3千万,
4 L p/ N. W0 z' d' f! Z: ^1 j却用2600万给员工发奖金2 Q6 Z# z5 V3 n& }. @ \ e
而原计划的净收入目标是2亿6千万
- L9 Y3 @' b7 [06-07财政年度的净收入是2亿七千万8 ~ |0 U. Z) O7 w' M3 q
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Edmonton — Alberta Treasury Branch officials will have to explain why more than $26 million in bonuses were handed out to staff after a year of dismal performance last year, says the head of the province’s public accounts committee.: j2 k& G' J( M
; m) r" N6 A7 s& LLiberal MLA Hugh MacDonald, who chairs the 17-member, all-party committee, told Sun Media, “I expect they will have some very direct questions” when representatives of the taxpayer-owned bank appear before them on Wednesday.& I& J5 {5 P9 S( J, E2 ?/ }" a3 r
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Auditor General Fred Dunn questioned the massive bonuses, given that the bank fell short of its net income goal by nearly 90% in the 2007-08 year.$ R* }, Z* e5 w- b
" ^ Z0 G3 \$ s, H% s0 xDunn’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 $262 million target.
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& U$ Y' C) @4 h7 iIn the 2006-07 fiscal year, the bank earned a net income of more than $270 million.5 m K+ j. @/ h
! S% _! k9 e8 i. N$ S7 U7 ?Dunn said management overrode ATB’s policy that bonuses are tied to achieving or exceeding set targets." n4 ], I! H: ^ r$ t" k
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The reason given for breaking the rule, Dunn said, was that “staff morale and retention” were at stake.. k6 o3 Q$ r: }: Z5 J1 P
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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.- ?& F# F" S' r" ~! ^
, U8 E& ? ?$ e# d; K0 \ATB’s global financial markets department was dealing heavily in the paper at the time the market went south.
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“If there are no consequences for not achieving objectives, then individuals in GFM are being rewarded for not achieving corporate objectives,” Dunn wrote.
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% R2 x0 S2 o8 m& S- @+ H FMacDonald said that when a government-owned corporation performs poorly, ultimately it’s taxpayers who suffer.' P% O6 e- H& Z; P
& H2 \/ ~7 m0 _( Z; ^6 Q$ d- E4 nThe whole purpose of bonuses is to motivate people to exceed expectations, he said, and giving bonuses when people fail completely defeats that.8 z4 f M# v+ f" r0 Q: a
$ X) \6 T+ b9 Z8 W k6 P“We have to make sure our state-owned bank is managed in an efficient and prudent way,” MacDonald said.
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/ X) S7 ]1 O7 f0 u. B* W2 c; xMacDonald 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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: H4 |0 `) w; R, A+ A+ ^ATB, a Crown corporation, has 660,000 customers across Alberta and more than $24 billion in assets. |
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