I ask my readers a simple question: What do you feel is suitable, appropriate pay for the CEO of a company. To keep things simple, imagine a multinational corporation with tens of thousands of workers. There is no right or wrong answer. You don’t even need to justify your answer. You can express your offering in the form of dollars, or a multiplication factor of the average salary of workers in the company.
For points of reference, I give you the following annual salaries (figures are approximate):
CBC CEO - $500,000 (6.25 X $80,000 average)
WestJet CEO - $3.4 million (35 X $97,500 average)
Suncor Energy CEO - $15.6 million (120 X $129,500 average)
CPKC CEO - $20 million (222 X $90,000 for train conductor)
Magna International CEO - $28 million (316 X $88,500 average)
Discovery / Warner CEO - $246 million (1,906 X $129,000 average)
Oak Street Health CEO - $568 million (2,890 X $196,500 average)
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