Bombardier chairman defends $17.5M severance for former CEO
Beaudoin tells shareholders the board “respected the company’s contractual obligations” to the former chief executive.
German officials agree plan to exit coal-fired power by 2038
Reviews will be carried out in 2026 and 2029 to determine whether an exit can happen three years before the final deadline.
Canada’s Big 5 bank CEOs pay rises 6.5% to earn $54M in 2018
A double-digit overall pay bump may make some bat an eye, but increase in compensation is reflection of complexities in financial sector CEOs face, expert says.
Canada’s employers boost salaries to attract new talent
But the Hays annual salary survey shows pay for existing staff lags.
Most employees ready to bolt for the right offer: Hays
Recruitment specialist warns they are overlooking growing discontent among staff.
Unintended and painful, consequences of a $15/hr minimum wage
Government-mandated increases tend to lead employers to reduce worker count.
Workplace culture, career progression trump paycheque
Survey finds 74% of Canadians will take a pay cut for their ideal job.
NAFTA issue: Getting Mexican workers a pay raise
Average autoworker wage in Mexico at just over $4 an hour.
Ex Ford CEO Fields leaves automaker with $51.1 million
Fields could earn an additional $3.6 million bonus as long as he’s not hired by a competitor.
Bombardier to inform shareholders about changes to exec compensation
Protesters and opposition politicians say the company’s reversal doesn’t go far enough.
Politicians pressed on government stepping in on Bombardier pay
But Couillard warns interference could discourage investment in Quebec.
Bombardier did ‘bad job’ communicating pay increases: CEO Bellemare
Underestimated the anger that would ensue over pay hikes as thousands of employees received pink slips.
Expert says Bombardier must do more to make PR troubles disappear
Senior execs who received compensation increase should follow Beaudoin’s example: take a pay cut.
Canadian Pacific Railway cuts executive perks
Changes compensation after criticism and shareholder frustration.
Wynne calls some public sector executive wage ranges ‘unreasonably high’
Could potentially lead to unacceptable salary increases; she didn’t make clear which organizations.