Gender pay gaps among board directors and officers in Canada

Stats in brief: 11-621-M2024012
Description: The purpose of this study is to explore the gender pay gap amongst Canadian board directors and officers by looking at various types of compensation. Base pay is the component that does not depend on the individual’s job performance and is mostly determined by an individual’s position and level within a firm’s hierarchy. By contrast, variable pay depends mainly on the individual’s job performance over a given period. As part of variable pay, and to offer a financial incentive, employers can grant equity incentives to board directors and officers in lieu of a higher salary, resulting in lower base pay. This research aims to determine how variable pay explains the gender pay gaps observed among executives in Canada.
Issue Number: 2024012
Frequency: Occasional
Author(s): Longpré-Verret, Léa-Maude; Corona, Dante Frias; Ouyang, Michelle
Main Product: Analysis in Brief
Format Release date More information
HTML October 15, 2024
  • Correction: December 4, 2024

    A correction was made to the value in the text regarding the likelihood of women officers working as chairperson.
PDF October 15, 2024
  • Correction: December 4, 2024

    A correction was made to the value in the text regarding the likelihood of women officers working as chairperson.

Corrections

  • December 4, 2024 - (HTML)

    A correction was made to the value in the text regarding the likelihood of women officers working as chairperson.

  • December 4, 2024 - (PDF)

    A correction was made to the value in the text regarding the likelihood of women officers working as chairperson.

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