canadaflag-thumb-1.png
canadaflag-thumb-1.png This article is more than 10 years old

Canada’s CEO-to-worker pay gap among the worst in the Western world

Does your boss work 206 times harder than you do? According to data compiled by the American Federation of Labour (AFO-CIO), Canadian CEOs make 206 times more than the average Canadian worker. That number is actually the second biggest CEO-to-worker pay gap among the 19 countries AFL-CIO looked at and laid out on this interactive world […]

Does your boss work 206 times harder than you do?

According to data compiled by the American Federation of Labour (AFO-CIO), Canadian CEOs make 206 times more than the average Canadian worker.

That number is actually the second biggest CEO-to-worker pay gap among the 19 countries AFL-CIO looked at and laid out on this interactive world map.

That number is actually the second biggest CEO-to-worker pay gap among the 19 countries AFL-CIO looked at and laid out on this interactive world map.

American CEOs top the list with a staggering 354:1 CEO-to-worker ratio. On average, American CEOs earn just over $12 million per year while the average worker takes home $34,645. 

But just behind the U.S. is Canada. The AFL’s data, sourced from the Organisation for Economic Co-operation and Development, says the average Canadian CEO receives a compensation of $8,704,118 each year while the average Canadian worker makes $42,253.

So one Canadian CEO earns the equivalent of 206 average Canadian workers.  

To put all of this in perspective, check out how Canada stacks up next to other Western nations (and heads up, you’ll have to scroll down a bit):

1norway2-ceoworker.jpg

2netherlands-ceoworker.jpg

3uk-ceoworker.jpg

4sweden2-ceoworker.jpg

5france2-ceoworker.jpg

6germany-ceoworker.jpg

7switzerland-ceoworker.jpg

8canada2-ceoworker.jpg

9usa-ceoworker.jpg

Photos: scazonshellmushlima pixsfrelmarkmartindelusenetmesconstriatic_davidphandavidchieflukemaUsed under Creative Commons BY-2.0 licences.

Our journalism is powered by readers like you.

We’re an award-winning non-profit news organization that covers topics like social and economic inequality, big business and labour, and right-wing extremism.

Help us build so we can bring to light stories that don’t get the attention they deserve from Canada’s big corporate media outlets.

 

Become a member
PressProgress
PressProgress is an award-winning non-profit news organization focused on uncovering and unpacking the news through original investigative and explanatory journalism.

Most Shared

BCGEU-LifeLabs-rally-Victoria-BC News

Take Back Alberta Leaders are Training ‘Scrutineers’ to Infiltrate Campaigns and Act as ‘Security’ on Voting Day

Related Stories

News

LifeLabs’ BC Strike Might Be Over, But Workers Are Still Worried About Its New American Owner

View the post
News

Disability Advocates Demand Ontario Fix “Crisis” in Group Homes

View the post
Announcement

PressProgress Labour Reporter Emma Arkell Wins Silver Canadian Association of Journalists Award for Labour Reporting

View the post
Our free email newsletter delivers award-winning journalism directly to your inbox.
Get Canadian Investigative News You Won't Find in Corporate Newspapers.
Our free email newsletter delivers award-winning journalism to your inbox.
Get Canadian Investigative News You Won't Find in Corporate Newspapers.