Pay growth slowed before virus; now, uncertainty rampant
- August 14, 2020 |
- WILLIAM EHART
Data from latest tax filings show lower increase in 2018; current survey suggests cuts at professional societies more than at tradesThe steady upward trend in CEO compensation at midsize associations stuttered slightly, according to the latest IRS data. Meanwhile, experts say there is much uncertainty around upcoming CEO pay decisions because of the ongoing pandemic, with downward pressure on compensation more evident at professional societies than at trade associations. CEO Update's 2020 compensation report for midsize associations—based on IRS filings from tax years ended in 2018 and 2019—shows that the median change in CEO base-plus-bonus pay was the lowest in five… Read More