High-paid CEO Compensation On The Rise

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    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.