Canadian HR Reporter is the national journal of human resource management. It features the latest workplace news, HR best practices, employment law commentary and tools and tips for employers to get the most out of their workforce.
Issue link: https://digital.hrreporter.com/i/326652
CANADIAN HR REPORTER CANADIAN HR REPORTER June 16, 2014 June 16, 2014 4 HR BY THE NUMBERS HR BY THE NUMBERS 0 10 10 20 20 30 30 40 40 60 60 70 70 80 80 90 90 100 100 50 50 0 10 10 20 20 30 30 40 40 60 60 70 70 80 80 90 90 100 100 50 50 $88.6 Operating profits (in billions) reported in the first quarter by Canadian corporations, up 7.4% from the previous quarter. $23 Operating profits (in billions) in the financial sector in the first quarter, up 12.3% on a year-over- year basis. $5.4 Operating profits (in billions) in the oil and gas sector, up 66.4% from the previous quarter — fuelled by strongest commodity prices in five years. $933 Average weekly earnings of non-farm payroll employees in March, up 3.1% on a year-over-year basis. 33 Average number of hours worked per week in March, up slightly from 32.9 hours in March 2013. 6.6% Increase in average weekly earnings in construction, the highest sector. -0.4% Decrease in earnings in educational services, the lowest sector. Compiled by Todd Humber - Source: Statistics Canada 0 10 10 20 20 30 30 40 40 50 50 60 60 70 70 80 80 90 90 100 100 $ per hour $ per hour They earn what? $10.5 $68.3 $11.7 MILLIONS US$ Pay package for Anthony Petrello, CEO of Nabors Industries, an oilfield services company. He was the highest paid CEO in 2013. (Oracle CEO Larry Ellison, who typically tops the list, was awarded $76.9 million in stock options for the fiscal year ending 2013, but was excluded from the survey because the firm files its paperwork later in the year.) Median pay package for a CEO of a publicly traded company in the United States in 2013, an increase of 8.8 per cent since 2012 when it stood at $9.6 million. Median pay package for female CEOs at publicly traded companies — but there were only 12 females CEOs in the study compared to 325 male CEOs, who averaged $10.5 million. CORPORATE TITANS GETTING RICHER Source: Associated Press/Equilar Credit: lolaming/Shutterstock A tale of 2 sports leagues At press time, the Canadian Football League (CFL) was embroiled in bitter contract talks with its players union. We thought we'd compare what a football player in Canada earns compared to his counterpart in the United States playing in the National Football League (NFL). $133 million Salary cap for an NFL team for 2014. $4.8 million Proposed salary cap for a CFL team for 2014. $92,917 Proposed average salary of a CFL player in 2014, with a minimum of $50,000. $1.9 million Average salary of an NFL player in 2013, with a minimum of $405,000. $22 million Salary of Aaron Rodgers, quarterback for the Green Bay Packers and highest paid player in the NFL. A total of 45 NFL players make more than $10 million per year. $450,000 Salary of Travis Lulay, quarterback for the B.C. Lions, the highest paid player in the CFL. (US$) (CDN$) vs. Source: CFL/Forbes/ Winnipeg Free Press/Sportrac Credits: NFL.com, CFL.ca Source: Canadian Labour Reporter/www.labour-reporter.com $15.91 Starting hourly wage for a union- ized baker at Pioneer Co- operative in Swift Cur- rent, Sask. That translates into annual earnings of $33,092 based on a 40-hour workweek. The wage for bakers tops out at $19.14 per hour ($39,811 annually). Workers will receive a three per cent wage hike in 2014 and 2015, and bakers who toil between 9 p.m. and 5 a.m. get a 60¢ shift premium. Credit: ipag/Shutterstock Pension more important than cash? Workers in Saskatchewan value pension plans more than a cash bonus, but employers assume the opposite, according to a survey of 618 employees in the province. Source: Saskatchewan Pension Plan 57% Employees who say a pension plan is "very important" in deciding on a new career opportunity. 12.5% Percentage of Saskatchewan em- ployers (with fewer than 50 employees) surveyed that offer a pension plan. 19% Percentage of people comfortable negotiating salary upon accepting a job offer, according to a global online poll of more than 3,500 respondents. 36% People who are "not comfortable at all" with salary negotiation attempts. 51% Canadian respondents who say they are completely un- comfortable with salary negotia- tions. Indian respondents were the least troubled by negotiations (24%). Money: The uncomfortable topic Source: Monster percent percent percent percent Credit: Brian A. Jackson