Compensation influencers
- February 20, 2015 |
- CEO Update
Five organizational characteristics with the greatest effect on executive compensation: SIZEAn organization's size—measured by revenue—is the biggest contributor to executive pay. The larger and more complex the group, the bigger the paycheck. Comparable organizations should be within +/- 20 percent of your group's revenue. INDUSTRY REPRESENTEDFor best benchmarking results, identify organizations representing similar industries or professions in the same sector. If the data set is too small, look to different industries or professions if they have similar goals or organizational priorities. MEMBERSHIP TYPEAssociations fall into two categories: trade associations and… Read More