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Keyword: Executive pay

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Senior executives of some of Canada’s largest companies saw their total pay increase by an average of 17 per cent, or $171,000, in 2020 compared to 2019, according to a new report by the Canadian Centre for Policy Alternatives. The CCPA tracked the compensation of 1,096 senior executives, including those in the C-suite, using filings […]

  • By: Staff
  • September 1, 2021 September 2, 2021
  • 15:00

Nike Inc. has released a series of diversity, equity and inclusion targets it aims to achieve over the next five years and announced it’ll tie executive compensation to meeting them and its broader environmental, social and governance efforts. “Our Purpose 2025 Targets are not just aspirations. They are a call to action — with clear […]

  • By: Staff
  • March 15, 2021 March 16, 2021
  • 09:00
Enbridge signing BlackNorth Initiative pledge, increasing diversity efforts

Enbridge Inc. is undertaking a series of steps to further diversify its workforce and address anti-Black systemic racism, starting with signing onto the BlackNorth Initiative pledge. Founded by the Canadian Council of Business Leaders Against Anti-Black Systemic Racism, the pledge asks senior business leaders across the country to commit to undertaking specific actions and targets […]

  • By: Staff
  • January 6, 2021 April 14, 2021
  • 09:00

Starbucks Corp. is aiming to tie its executive compensation to diversity targets beginning in 2021. The move is one of a series of initiatives the coffee chain has pledged to implement in its diversity, equity and inclusion goals and training, which come at a time of social justice unrest in the U.S. Starbucks has committed to […]

Canadian employers planning to hold the line on pay raises in 2020: survey

Canadian employers plan to hold the line on budgeted pay raises in 2020, according to a new survey by Willis Towers Watson. It found employers are expecting no changes to their salary budgets in 2020, with salary increases projected to hold steady for technical and business support employees (2.7 per cent), as well as for workers in production […]

  • By: Staff
  • October 10, 2019 November 12, 2020
  • 15:30
ESG playing more into executive compensation: report

Environmental, social and governance issues are becoming a bigger part of executive compensation, according to a new report by Mercer. In a survey of 135 North American organizations, 30 per cent said they’re currently using ESG metrics in their incentive plans, while 21 per cent are considering doing so. It also found organizations are more […]

  • By: Staff
  • June 19, 2019 November 12, 2020
  • 15:45
Canadian female execs earn 68% of male colleagues’ salaries: report

Despite efforts to diversify corporate boards and include more women, female executives are still a rarity and earn much less than their male counterparts, according to a new report from the Canadian Centre for Policy Alternatives. It found only four per cent of chief executive officers in Canada are women and they make up just 10 […]

  • By: Staff
  • January 3, 2019 September 13, 2019
  • 10:39
Executive compensation not as simple as higher salary, bonuses

The idea that health, drug and retirement benefits draw in top executive talent is overly simplistic and worth delving into deeper, according to Jonathan Foster, vice-president of executive compensation at Accompass Inc.  The vast majority of organizations hiring executives offer a benefits plan, so having one is no longer a distinguishing factor for an employer, said Foster at […]