News Briefs (June 18, 2001)

By
|Canadian HR Reporter|Last Updated: 07/06/2001

BIG RAISES FOR CANADIAN CEOS

Toronto — Leading Canadian CEOs took home 42.9 per cent more in pay last year, an executive compensation survey shows. The survey, conducted by the Financial Post and William M. Mercer, found incentive pay accounts for a greater portion of pay compared to 1999. The survey polled 60 CEOs and found only four made less than $1-million. Seven of the 60 had total direct compensation packages of $10-million or more.

SPY AGENCY CHASED FROM JOB FAIR