Beaudoin tells shareholders the board “respected the company’s contractual obligations” to the former chief executive.
Reviews will be carried out in 2026 and 2029 to determine whether an exit can happen three years before the final deadline.
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.
But the Hays annual salary survey shows pay for existing staff lags.
Recruitment specialist warns they are overlooking growing discontent among staff.
Government-mandated increases tend to lead employers to reduce worker count.
Survey finds 74% of Canadians will take a pay cut for their ideal job.
Average autoworker wage in Mexico at just over $4 an hour.
Fields could earn an additional $3.6 million bonus as long as he’s not hired by a competitor.
Protesters and opposition politicians say the company’s reversal doesn’t go far enough.
But Couillard warns interference could discourage investment in Quebec.
Underestimated the anger that would ensue over pay hikes as thousands of employees received pink slips.
Senior execs who received compensation increase should follow Beaudoin’s example: take a pay cut.
Changes compensation after criticism and shareholder frustration.
Could potentially lead to unacceptable salary increases; she didn’t make clear which organizations.