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The pay gap between Canada’s CEOs and workers is widening fast

Corporate Knights

In 1998, the best-paid CEOs earned roughly 104 times what average workers did. on January 2, 2024 (the first day of work for many in the new year), Canada’s 100 best-paid CEOs would already have made roughly $60,600 – as much as the average Canadian worker will pull in for the entire year. In 2022, it was pushing 250. By 9:47 a.m.

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50% of CEOs Have Pay Tied to ESG Goals, up from 15% One Year Ago: IBM Survey

ESG Today

The practice of linking incentive pay for senior executives to performance on ESG factors has surged in the past year, with approximately half of CEOs reporting that their compensation is now tied to sustainability goals, up from only 15% one year ago, according to a new global CEO survey released by IBM.

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Electric utility CEO pay gap widens as groups push to link executive compensation and decarbonization

Utiliity Dive

An increasing CEO-to-employee pay ratio is being driven in part by a decline in median employee pay, which could indicate a higher paid, more experienced workforce is retiring.

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CEO Compensation: Paying Up for Mediocrity

MSCI

Are companies aligning CEO pay with long-term performance? We found evidence that pay and performance are misaligned for many U.S. Or, put another way, are directors incentivizing executives to drive the long-term success of the companies they run?

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CEO Pay: Trick or Treat?

MSCI

Some large asset owners are increasingly coming to believe that many executive pay schemes don’t align the interests of CEOs and investors. There appears to be an increasing focus on pay plan simplicity and transparency.

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How complex CEO pay structures can ‘camouflage’ overpay

Financial Times: Moral Money

Also in today’s newsletter, kick-starting a repo market for African sovereign bonds

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Meet six Global 100 companies transforming the way business is done

Corporate Knights

Most gender-diverse executives: Xerox Xerox has prided itself on its efforts to hire a more racially diverse staff dating to the 1970s, and now the Connecticut-headquartered document management company is a leader in gender diversity, in part thanks to the efforts of former CEO Ursula Burns. million kroner in 2022 from 9.03