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Shareholders happy with executive compensation; Employees positive about working part-time
|Canadian HR Reporter|Last Updated: 09/26/2011

Shareholders happy with executive compensation

TORONTO — Canadian shareholders are happy with the level of compensation executives are receiving, according to recent say-on-pay votes. Seventy-one companies held a say-on-pay vote in 2011, making it the first year a significant number of management advisory votes on executive compensation were submitted to shareholders in Canada. The average level of support for executive compensation offerings was 94 per cent, according to a report by Hugessen Consulting in Toronto. Only 11 out of the 71 companies received support below 90 per cent and, of those, only two were below 80 per cent. And no companies failed to receive majority support.

Employees positive about working part-time