Monday, 4 January 2010

Top CEOs still raking it in: CCPA

The national office of the Canadian Centre for Policy Alternatives released it's new analysis of CEO compensation in Canada today:

"National Office Update
Projects & Initiatives: Growing Gap
January 4, 2010

Canadians may have been hit hard by a worldwide economic recession, but it appears Canada’s 100 highest paid CEOs are enjoying a soft landing.

Hugh Mackenzie's latest
report on executive compensation shows the total average compensation for Canada's 100 highest paid CEOs was $7,352,895 in 2008—a stark contrast from the total average Canadian income of $42,305. They pocketed what takes Canadians earning an average income an entire year to make by 1:01 pm January 4—the first working day of the year.

Click here to read more and download the full report. Click here to use our CEO pay calculator to find out how quickly a top CEO will earn your salary."

No comments: