The average base salary for a CEO is $338,300 per year, an uptick of 1.6 percent from last year, according to the Executive Compensation 2011/2012 survey by Compdata Surveys.
Chief financial officers are also experiencing pay increases of 1.7 percent to $201,800, the survey finds. Presidents are now compensated $248,600, a growth from $241,900 in 2010. The average salary for treasurers hits $172,600, a 2.7 percent increase. Vice presidents are also earning more, at 2.1 percent above 2010 level.
"Though salaries for most executive jobs have begun to rebound, a few still have not yet reached levels seen prior to the recession," says Amy Kaminski, director of marketing for Compdata Surveys. "Companies may be increasing executive salaries in preparation of an economic turnaround, but most are taking a very cautious approach to those increases."
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
