2023-24 CBC paid $18.4M in bonuses to 1,194 employees, including $3.3M for 45 executives, amid job eliminations.
In the 2023-24 fiscal year, the Canadian Broadcasting Corporation (CBC) paid $18.4M in bonuses to 1,194 employees, despite eliminating hundreds of jobs. The bonuses included $3.3M for 45 executives, resulting in an average bonus of over $73K each. The CBC calls these bonuses "performance pay" that are part of contracts linking payouts to meeting specific company goals. The board approved the bonuses in June, but has refused to disclose the exact amounts paid out despite MPs requesting the figure since last December.
August 12, 2024
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