D.C. address means bigger paychecks for chief executives
- January 8, 2016 |
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CEO Update
Cost of living a contributing factor but competition for top talent is driving up pay; leading an advocacy-oriented group pays better It's commonly accepted that Washington, D.C.-area association executives earn more than other leaders, but new data in the 2015-16 Salary Guide shows the real extent of the pay gap. And it's a big one. Overall, paychecks for CEOs leading professional societies headquartered in and around Washington, D.C., are slightly higher than the rest of the country ($268,858 vs. $263,993). No surprise, even though D.C.-area professional groups tend to be smaller ($6.4 million vs. $7.7 million). But closer analysis shows the salary gap is even wider when… Read More
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