Last year, many CEOs of Canada's largest companies earned less than $300,000 base pay, yet their overall compensation was on average more than $10 million. What was the major reason for the huge overall pay?
A) executive perquisites
B) stock options
C) bonuses
D) benefits

Question

Quizplus · Accepted Answer

The main reason for the huge overall pay was stock options, which allow executives to buy company shares at a discounted price, resulting in substantial profits when the stock price rises.

Last Year, Many CEOs of Canada's Largest Companies Earned Less