The compensation of Canada’s highest-paid CEOs jumped seven per cent between 2014 and 2015, to a record high average of $9.5 million, well ahead of the $49,510 the typical full-year, full-time worker earned in 2015, says a study by the Canadian Centre for Policy Alternatives. The study looked at salary information from 249 TSX-listed companies and found that the $9.5 million compensation package of high paid CEOs included salaries, bonuses, share grants, and stock options. Also, between 2008 and 2015, the country’s 100 top-paid CEOs saw their compensation climb about 30 per cent, while the average wage for Canadians increased by just 17.5 per cent.
245 Fairview Mall Drive, Suite 501, Toronto, ON M2J 4T1
Telephone:
416-494-1066
Email:
contact@powershift.ca