Study indicates CEO salary increases slow, bonuses drop
- October 1, 2009 |
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Mark Graham
The latest compensation study from the American Research Company Inc. reports that the average association CEO pay continues to grow, but is rising at the slowest pace ever recorded in the 19 years of the study. Salary increases are way, way down, said Jeannine James, president of the Great Falls, Va.-based ARC. The 19th annual National Compensation Study, which collected financial and salary data through April 2009, recorded that sitting CEOs received, on average, a 3.4 percent salary increase, down from 5.2 percent in last years report. James said that over the course of the studys nearly two decades, the average CEO raise typically came in between 5 and 7… Read More
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