Current News > January 03rd, 2012: KDH Executives' Contracts
KDH Executives' Contracts, January 3, 2012
Kemptville District Hospital values transparency and accountability. For this reason, in conjunction with hospitals across Ontario, we have made public the contracts of our current executive team.
Appropriate compensation is a key element in attracting and retaining the kind of leaders we need at KDH. Our executive compensation consists of salary plus standard employee benefits. The CEO's salary is set at the midpoint of CEO compensation in the budget appropriate quadrant of the group of $10-$25 million budget hospitals. No compensation is provided to the CEO for managing the KDH Health Centre, serving on the Foundation, or any external Rideau Valley Health Services work. There are no other compensation perquisites such as free parking, club memberships, general travel allowances or a car allowance.
As required by the Excellent Care for All Act, our CEO's compensation is linked to our hospital's performance, with a 2% Performance Amount available to the CEO based on an assessment of his or her achievement of the performance improvement targets set out in the Hospital's annual quality improvement plan.
KDH has benefited from the strong leadership provided by our executive team. Over the last four years, emergency visits have risen steadily; inpatient satisfaction has consistently been over 90%, hitting 96.4% in 2010/11; staff satisfaction has risen to 10% above the industry average; and the hospital has experienced steady revenue growth, predicted to top $20 million in 2012/13.
We will be closely reviewing the report of the Independent Expert Panel on Executive Compensation in Hospitals (available at www.oha.com) to determine whether there are any policies that we can improve in the short term. We will also be working with the Ontario Hospital Association to develop and implement a framework for executive compensation.
To view contract documents, click on the name of the Executive Team member:
Colin Goodfellow, Chief Executive Officer
- Employment Agreement, signed April 9, 2009
- Letter of Understanding and Agreement re Pay for Performance and other Matters, signed April 29, 2011