Their average annual compensation hit a record $10.4 million — that's more than 200 times an average worker's salary of $49,738, says the report. Their average compensation rose eight per cent compared to 2015, whereas an average worker's salary rose by just 0.5 per cent. He found that, on average, base pay made up only 11 per cent of a CEO's compensation. "I don't think that people object to CEOs making more than average workers, but they make over 200 times more and the gap is increasing," said Macdonald. He says their compensation is justifiable and shouldn't be compared to an average worker's salary.

Source: CBC News January 02, 2018 09:59 UTC