Big salary increases for top-paid association chief executives
- December 2, 2016 |
- CEO Update
Trade groups continue to increase compensation packages with greater emphasis on at-risk incentive pay rather than base salary Take-home pay in the latest tax year jumped by an average $238,665 for the 25 highest-paid association CEOs according to disclosures received so far. It's incentive pay that continues to boost salaries of these top-earning CEOs. Base pay increased by a modest 3 percent, in line with the association sector as a whole, but the combined base and bonus pay increase for this group increased by a median 6 percent. That percentage exactly matched the $209,748 annual increase for Scott Serota of the $504 million-revenue Blue Cross Blue Shield Association,… Read More