Re: Canada P&L Questions from Tim

--00000000000003ab76061495f5c2 Content-Type: multipart/alternative; boundary="00000000000003ab74061495f5c1" --00000000000003ab74061495f5c1 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim. Disregard my comment about the holiday pay for staff. That doesn't affect 700080 which is where most of the variance is. I'm still combing through the details. There's nothing that's immediately jumping out So vacation makes up about 10% ($14k) of it. Exec salary increases for Montreal was about $7000 plus an additional $2000 that we accrued. So that's another $9k. Were there any raises or headcount additions to Winnipeg after 02/05? That went up almost $3k. Oakville went up almost $1000. Toronto went up almost $2k. On Tue, Mar 26, 2024 at 10:30=E2=80=AFAM Timothy Thomas wro= te: > Thanks Daniel. > > I verified with payroll and those stat figures are accurate. > > That being said, @Diego Castaneda we > budgeted $2k for caregiver holiday wages in February and the true cost is > $58k. In Canada YTD, we budgeted $64k for caregiver holiday wages and the > cost is $216k. As I was not involved in budgeting for this account is it > accurate to say that we've underbudgetted? > > On Mon, Mar 25, 2024 at 12:21=E2=80=AFPM Daniel Barakat > wrote: > >> Sure. XT STAT 1.0 represent holiday pay where the caregivers actually >> worked on that holiday. The STAT XT is paid out whether they work or no= t >> based on Canada laws. >> >> Can you send me what you're looking at for the office salaries? I don't >> have any financials that have the plan on it. But in addition to the $7= k, >> there was $17k of holiday, and $25k total in bonuses. Not sure if those >> were on the plan or not >> >> Thanks >> >> On Mon, Mar 25, 2024 at 11:32=E2=80=AFAM Timothy Thomas = wrote: >> >>> What does the 2nd stat line refer to? >>> >>> Yes 17% above plan for Feb, $36k over. The wage increase and bonus >>> should only account for roughly 7k of that. >>> >>> On Mon, Mar 25, 2024 at 11:21=E2=80=AFAM Daniel Barakat >> daniel.barakat@thekey.com> wrote: >>> >>>> We accrued for both STATS. Irin was only referring to the XT STAT 1.0 >>>> >>>> [image: image.png] >>>> >>>> The 17% you're referring to, is that vs. the Plan? We had management >>>> wage increases in Montreal, an exec bonus of $5k also in Montreal, and= we >>>> accrued for Family Day in Feb as well. >>>> >>>> On Mon, Mar 25, 2024 at 10:57=E2=80=AFAM Timothy Thomas wrote: >>>> >>>>> Hi Daniel, >>>>> >>>>> I reviewed the questions, thank you for the clarifications. >>>>> >>>>> There were two questions missing on the spreadsheet. >>>>> >>>>> Vancouver - Caregiver Holiday Wages $58,405 - I had Irin (Payroll >>>>> Lead) provide me with the holiday pay for Vancouver and it is $29,790= in >>>>> February. Where did 58k come from? >>>>> >>>>> Canada - We're 17% over in Office Compensation Salaries for the month >>>>> of Feb. I verified with headcount from HR vs the budget and everyone = is >>>>> captured correctly. In fact we have a position budgeted for that has = yet to >>>>> be filled and two budgeted employees on Maternity leave. So I'm curio= us how >>>>> we're over? >>>>> >>>>> Thanks! >>>>> Tim >>>>> >>>>> On Fri, Mar 22, 2024 at 2:09=E2=80=AFPM w= rote: >>>>> >>>>>> Hi Tim. Answers are attached. Let me know if you have any question= s >>>>>> >>>>>> >>>>>> >>>>>> Thanks >>>>>> >>>>>> >>>>>> >>>>>> *From:* Hesham Al-Esaei >>>>>> *Sent:* Wednesday, March 20, 2024 3:52 PM >>>>>> *To:* Daniel Barakat >>>>>> *Cc:* Timothy Thomas ; Natalie Cahoone >>>>> natalie.cahoone@thekey.com>; Diego Castaneda >>>>> diego.castaneda@thekey.com> >>>>>> *Subject:* Canada P&L Questions from Tim >>>>>> >>>>>> >>>>>> >>>>>> Hi Daniel, >>>>>> >>>>>> >>>>>> >>>>>> Please find attached questions on Canada's P&L by site from Tim. >>>>>> Please respond to him directly and CC us. >>>>>> >>>>>> >>>>>> >>>>>> Thank you, >>>>>> >>>>>> Hesham >>>>>> >>>>>> >>>>>> >>>>> >>>>> >>>>> -- >>>>> Tim Thomas >>>>> Head of Canada Division >>>>> *Please note my email has changed:* >>>>> tt@TheKey.com >>>>> (514) 591-9387 >>>>> TheKey.ca >>>>> [image: TheKey] >>>>> >>>> >>> >>> -- >>> Tim Thomas >>> Head of Canada Division >>> *Please note my email has changed:* >>> tt@TheKey.com >>> (514) 591-9387 >>> TheKey.ca >>> [image: TheKey] >>> >> > > -- > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@TheKey.com > (514) 591-9387 > TheKey.ca > [image: TheKey] > --00000000000003ab74061495f5c1 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim.=C2=A0 Disregard my comment about the holiday pay f= or staff.=C2=A0 That doesn't affect 700080 which is where most of the v= ariance is. I'm still combing through the details.= =C2=A0 There's nothing that's immediately jumping out=C2=A0=C2=A0 So vacation makes up about 10% ($14k) of it.=C2=A0 = Exec salary increases for Montreal was about $7000 plus an additional $2000= that we accrued.=C2=A0 So that's anothe