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
TORONTO— One-half of male workers and 59 per cent of female employees believe working part-time will not negatively impact their career opportunities, according to Randstad Canada’s latest Global Workmonitor survey, which surveyed 29 countries each with a sample size of 400 employees. However, 69 per cent of male respondents and 65 per cent of female respondents said they do not believe working part-time is possible in a management position, found the survey. Twelve per cent of male workers and 11 per cent of female employees in Canada currently work part-time.