Executive Employment Disclosure

Joseph Brant Hospital is voluntarily disclosing Executive Employment Contract compensation details in alignment with our values to be transparent and accountable.

At Joseph Brant Hospital, strong leadership is an essential component of achieving our Vision. Our Executive Employment Contracts and compensation are based on the complexity of our healthcare system, the demands of the position, experience of the person in the job and comparable roles in the marketplace.

Current Executive Employment Contract compensation details for members of Joseph Brant Hospital’s executive roles are summarized below .

Eric Vandewall, 
President & Chief Executive Officer 

Executive Compensation, President & Chief Executive Officer
 

Eric Vandewall,
President & Chief Executive Officer 
Annual Base Salary

$356,195
Renewal Agreement Term:
June 15, 2019 to June 14, 2024
Compensation at Risk
(variable compensation)		 An “at risk” amount of between a range of a minimum of 1 per cent (1%) up to a maximum of 5 per cent (5%) of the base salary which will be earned through the achievement of the designated objectives outlined in the Hospital’s Quality Improvement Plan as required under the Excellent Care for All Act, 2010 (“ECFAA”) as approved by the Board by April 1 of each fiscal year 
Benefits The Hospital shall pay one hundred per cent (100%) of the premiums for the benefit coverage, except for those plans where the terms provide that the premium is either shared between the Employee and the Hospital or paid solely by the Employee.     
Pension Based on Service and Compensation (contributory).  
Automobile Allowance Monthly automobile allowance of one thousand dollars ($1000) plus tax, for local business travel.  This allowance is considered a taxable benefit.  
Professional Membership Dues Yes - for two professional associations or organizations. 
Severance
  • During the first two (2) years of the Term by providing 12 (twelve) months of working notice or six (6) months of salary and benefit continuation in lieu of working notice or a combination of working notice and salary benefit continuation in lieu of working notice; and
  • After two (2) years of the Term, by providing the notice set out above plus one (1) additional month of working notice or one (1) month of salary and benefit continuation in lieu of working notice or a combination of working notice and salary and benefit continuation in lieu of working notice for each year of service after the first two (2) years of the Term up to a maximum limit of eighteen (18) months.  Notice in respect of partial years of service shall be pro-rated.

Dr. Ian Preyra, 
Chief of Staff

Executive Compensation, Chief of Staff
 

Dr. Ian Preyra, 
Chief of Staff
Annual Base Salary

$375,000

Agreement Term: July 23, 2018 to July 22, 2023
Compensation at Risk
(variable compensation)		 An “at risk” amount representing up to five per cent (5%) of the base salary shall be deducted and which, subject to Board approval, will be earned through the achievement of the designated objectives outlined in the Hospital’s Quality Improvement Plan as required under the Excellent Care for All Act, 2010 (“ECFAA”) as approved by the Board by April 1 of each fiscal year and paid by June 30.
Benefits The Hospital shall pay one hundred per cent (100%) of the premiums for the benefit coverage, except for those plans where the terms provide that the premium is either shared between the Employee and the Hospital or paid solely by the Employee.     
Pension Based on Service and Compensation (contributory).  
Automobile Allowance Not applicable.
Professional Membership Dues Yes - for one professional association or organization.
Severance  

Marco Terlevic,
Executive Vice President & Chief Financial Officer

Executive Compensation, Executive Vice President & Chief Financial Officer
 

Marco Terlevic,
Executive Vice President & Chief Financial Officer
Annual Base Salary $240,000 
Compensation at Risk
(variable compensation)		  An “at risk” amount representing up to five per cent (5%) of the base salary shall be deducted and which, subject to Board approval, will be earned through the achievement of the designated objectives outlined in the Hospital’s Quality Improvement Plan as required under the Excellent Care for All Act, 2010 (“ECFAA”) as approved by the Board by April 1 of each fiscal year and paid by June 30. 
Benefits The Hospital shall pay one hundred per cent (100%) of the premiums for the benefit coverage, except for those plans where the terms provide that the premium is either shared between the Employee and the Hospital or paid solely by the Employee.     
Pension Based on Service and Compensation (contributory).  
Automobile Allowance Monthly automobile allowance of nine hundred and four dollars ($904) inclusive of tax, for local business travel.  This allowance is considered a taxable benefit.  
Professional Membership Dues  Yes - for two professional associations or organizations.
Severance  
  • During the first two (2) years of employment by providing six (6) months of working notice or six (6) months of salary and benefit continuation in lieu of working notice or a combination of working notice and salary benefit continuation in lieu of working notice; and
  • After two (2) years of employment, by providing the notice set out in section above plus one (1) month of working notice or one (1) month of salary and benefit continuation in lieu of working notice or a combination of working notice and salary and benefit continuation in lieu of working notice for each year of service after the first two (2) years of employment up to a maximum limit of eighteen (18) months.  Notice in respect of partial years of service shall be pro-rated.

Explanations

Annual Base Salary: Compensation is determined through performance metrics and an external compensation bench-marking review. The pay mix is composed of annual base salary and a performance-related pay which incorporates the current Quality Improvement Plan (QIP).

Compensation at Risk (variable compensation): Each year a range of up to 5 per cent of the Executive’s compensation is considered to be at risk and is held and measured against achievement of goals and objectives.

Benefits: Group Benefits coverage including dental, extended healthcare, deluxe travel coverage at the Executive level.

Pension: Joseph Brant Hospital participates in Healthcare of Ontario Pension Plan (HOOPP). 

Automobile Allowance: A monthly allowance is provided to off-set the costs of business related transportation.

Professional Membership Dues: Joseph Brant Hospital shall pay directly or reimburse the Employee for the annual membership and/or association fees. 

Severance: A one-time payment that is provided in the event of a need to terminate employment without cause.

Executive Compensation Disclosure 2011-2018

 

 

 

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