TMG SALARY SURVEY

Summary of Results by TMG Total Rewards Steering Committee

Tony Cupido, Co-Chair Marie Townsend, TMG Rep

Background

June 15, 2006 Board Meeting

• Request that administration conduct a review of the process of formulating and communicating remuneration recommendations for TMG

Survey Distribution

On-line survey circulated to all members of TMG November, 2006 Solicited feedback on communications, process and performance review

Survey Feedback

TMG Total Rewards Survey

• Response - 300 out of 441 TMG (68%) • Feedback was generally positive • Sub-committee established to analyze the data, develop report to the Board • Final Report to Remunerations (Feb 16 th ) and the Board (Mar 1 st )

Survey Results

Three themes identified:

Communications The Process for Setting and Administering Compensation Non-Cash Priorities

Key Recommendation #1

Information for New Managers

 Update Recruiting and Orientation materials  Develop on-line Compensation Manual  Website Q & As  Review process of renewing TMG Distribution list  ‘Helpline’ to answer TMG compensation questions

Key Recommendation #2

Review compensation-related processes

Sub-committee to review compensation-related processes, including: • Movement through the range • Link between performance and merit • Systemic Challenges • Other related compensation processes • Standardize use of Non-cash (MPDA/MCD) allocations

Key Recommendation #3

Standardize opportunities for information sharing

Review current and establish new opportunities for information sharing and consultation with TMG:  Market-comparator data  Survey results and Board report  Review of Total Rewards Philosophy, compensation policy and process documents  Challenges facing research-funded positions  Non-cash information presentations

Progress to Date

Initiative

Revised Terms of Reference Establishment of Sub-committee

Draft Merit Allocation Guidelines

Report to Remunerations/Board

Timeline

Jan. 23 Jan. 23

Feb. 22

Feb. 16/March 1 Update TMG/Supervisor’s Distribution List Revised Performance ‘Toolkit’ Feb. 23 Feb. 26

Upcoming Initiatives

Initiative

Survey Results/Board Report On-line Q & As Performance/Merit training On-line Compensation manual Orientation/Recruiting materials Limited Access website (TMG) Report - Standardizing information sharing Post Market-comparator data

Timeline

Mar 1 Mar 15 Mar 7/12/15/20 April 30 April 30 April 30 April 30 June 1

QUESTIONS???