Canadian financial institutions with international operations face a number of potentially conflicting incentive compensation rules and related regulatory body supervision. For a high level overview of the various rules, their common features, and to note important differences, click on the link to find out more.read more
Inside this issue of Arthur J. Gallagher’s Newsletter for Spring / Summer 2016, we look at: Incentive Compensation: Making Strategy Work; Updates to the Ontario Retirement Pension Plan: Potential Multi-Provincial Impacts, Updated; and Health Spending Accounts Explained.read more
Key findings from the latest Gallagher McDowall research include:
1. The compensation awarded by Canada’s big banks to their CEOs for 2015 was largely in line with their target total direct compensation.
2. The median target total direct compensation of the CEOs did not change in 2015.
3. The bank CEOs have a significant financial stake in the future of the banks lead, in fact as much as 50 times salary.
Click on the link to find out more.