Survey results: Financial Executive Compensation 2015

Ensuring your top financial executives’ compensation package is competitive is a critical component of any successful compensation program. Learn how to attract and retain top talent across all organizations.

Published in: Leadership & Management, Career, Economy & Finance

Survey results: Financial Executive Compensation 2015 from Grant Thornton LLP

Transcript

• 1. Financial Executives Survey 2015 Private and public company execs earn more as economy improves
• 2. Survey highlights 1. Average 2015 salary increase at private companies: 4.4% (3.3% in 2014) 2. Average 2015 salary increase at public companies: 3.9% (3.4% in 2014) 3. Overall marketplace salary increase in 2015: 3% (flat) 2
• 3. What do salary results show? Finance and accounting execs are highly valued: They help achieve M&A and other opportunities. They effectively manage assets to improve operations. They position companies for sensible expansion. 3 INTRODUCTION
• 4. As competition for top finance execs has increased… … An effective comp and benefits package is essential 84% of respondents have defined-contribution plan 22% have defined benefit plan Employers pay an average 72% of health insurance 4 What are the perks?
• 5. Other findings 86% of public company and 35% of private company respondents receive stock-based incentive compensation. The most popular perks were: cell phone-related (81%), car (19%), paid parking (17%) and health/fitness club dues (12%). Most common sign-on bonus was cash (52%), as opposed to equity. 5
• 6. Portrait of a CFO • Median base salary: $262,000 public; $195,000 private • Median annual bonus: $120,000 public; $55,000 private • Total compensation (salary, bonus, long- term comp, all-benefits value): $611,000 public; $300,000 private 6
• 7. Portrait of a corporate controller • Median base salary: $191,000 public; $130,000 private • Median annual bonus: $49,500 public; $22,000 private • Total compensation (salary, bonus, long- term comp, all-benefits value): $328,120 public; $166,500 private 7
• 8. Portrait of a VP of finance • Median base salary: $202,000 public; $180,000 private • Median annual bonus: $50,000 public; $56,800 private • Total compensation (salary, bonus, long-term comp, all-benefits value): $479,000 public; $255,000 private 8 4. SELECTION
• 9. View other survey findings The entire Financial Executive Compensation Survey 2015 is right here. 9