45,488.007,695,625.00
An entire year of punching the clock: for the Average Joe, it’s a living. But for Canada’s 100 highest paid CEOs, the rewards start clocking in very early into the New Year.
By 1:18pm on January 2, the first official working day of the year, Canada’s top 100 CEOs have already pocketed $45,448 — what it takes the Average Joe an entire year, working full-time, to earn.*
By the end of 2011, Canada’s top 100 CEOs had pocketed an average of $7.7 million.
At this rate, Canada’s 50 highest paid CEOs make 235 times more than Canadians earning the average wage. If you think that’s normal, it’s not. In 1995, Canada’s top 50 CEOs made 85 times more than the average wage.
These and other key facts are highlighted in our factsheet, Overcompensating: Executive Pay in Canada. It also includes a list of Canada's 100 highest paid CEOs.
*Based on 2011 CEO compensation data and the 2011 average Canadian wage. Amount displayed based on your current time zone.
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