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

New Hire Bonus

Local (CAD)

% of base salary or amount

Occasional

Typically paid over 1 year; some orgs may have longer payout requirements

Other One-Time Bonus

Local (CAD)

Amount

Occasional

Typically one-time payment

New Hire Stock

Local (CAD) or USD depending on 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


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