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Chartwell hikes executive bonuses, gives high marks for pandemic response


The Globe and Mail
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Jacques Boissinot/The Canadian Press
Executive bonuses rose last year at Chartwell Retirement Residences as the company said it responded effectively to the COVID-19 pandemic and gave itself perfect scores for employee engagement, customer satisfaction and its reputation with the public.
The corporate scorecard meant Chartwell paid out bonuses at 85 per cent of the target goals, a higher level than it did in 2019, when payouts ranged from 47 per cent to 63 per cent. Chartwell paid all four of its top executives in excess of $1-million, and each of the four received bigger bonuses than in 2019, when they served in lesser roles. ....

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