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Pay Element Detail: Canada

 

Pay Element Currency Localization Prevalence Notes
Base Salary Local (CAD) 12 month annual Mandatory Additional salary payments (e.g., 13th month) are not common practice
Ongoing Bonus Local (CAD) % of base salary or target cash amount Typical; eligibility based on career level Typically paid once, annually
Sign-on Bonus Local (CAD) % of base salary or amount Occasional Typically paid over 1 year; some orgs may have longer payout requirements
Other One-Time Bonuses Local (CAD) Amount Occasional Typically one-time payment

Target Total Cash

Local (CAD)

12 month annual amount

Calculated pay element

Total value of cash compensation; typical in sales and executive compensation

New Hire Stock Local (CAD) or USD depending on the organization's originating country

One-time grant

Options or RSUs are common

Typical; eligibility based on career level Vesting varies by org

USD-based organizations usually have global grant guidelines with equity targets discounted by region

Total Direct Compensation

(calculated)

Local (CAD)

12 month annual amount; may also be represented as total value based on equity vesting

Calculated pay element Sum of cash and equity compensation, excluding one-time bonuses

Total Offer

Local (CAD)

12 month annual amount; may also be represented as total value based on equity vesting

Calculated pay element Sum of all cash and equity compensation offered to a candidate

 


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