Median compensation in most recent tax filings was 4.7% higher than last report; experts say executive marketplace remains robust
May 14, 2021
By William Ehart and Walt Williams
The median change in base and bonus compensation for CEOs at large associations was 4.7% in the latest CEO Update Compensation Survey. The robust result was shy of the 5.2% seen in our last report but higher than those in our 2018 and 2019 surveys.
2021 Large Association CEO Salary Report
Of course, 2020 changed everything and these figures do not yet reflect the impact of the COVID-19 pandemic on association revenues and executive pay.
But compensation expert Charlie Quatt said that based on his experience since mid-2020, the market for executive talent is strong and the compensation environment among the associations that are clients of Quatt Associates—that is, those that can afford his services—has “completely changed” from last spring.