TMG Total Rewards Steering Committee 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 16th) and the Board (Mar 1st)

The Process for Setting and Administering Compensation 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 Timeline Revised Terms of Reference Jan. 23 Establishment of Sub-committee Jan. 23 Draft Merit Allocation Guidelines Feb. 22 Report to Remunerations/Board Feb. 16/March 1 Update TMG/Supervisor’s Feb. 23 Distribution List Revised Performance ‘Toolkit’ Feb. 26

Upcoming Initiatives Initiative Timeline Survey Results/Board Report Mar 1 On-line Q & As Mar 15 Performance/Merit training Mar 7/12/15/20 On-line Compensation manual April 30 Orientation/Recruiting materials April 30 Limited Access website (TMG) April 30 Report - Standardizing information April 30 sharing Post Market-comparator data June 1

QUESTIONS???