State:
Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?


Download Now!




This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

Download Now!
April 09, 2007
CEO Bonuses Rise 13 Percent

The median bonus for chief executive officers at large companies increased 13 percent last year, according to an analysis of proxy statements conducted by Watson Wyatt Worldwide, a consulting firm.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

"Corporate America enjoyed a banner financial year in 2006," said Steve Van Putten, a senior executive compensation consultant at Watson Wyatt. "CEO pay moved in step with corporate earnings and stock prices, reflecting the trend toward performance-based compensation."

Median annual bonuses for CEOs rose to $2.2 million last year, a 13 percent increase. At these same companies, the median growth in earnings per share was 14 percent. Earnings per share is a commonly employed performance metric in annual incentive programs.

Base salaries grew by a more modest 4 percent to a median $1.1 million. The proxy analysis is based on 92 large companies whose CEOs remained in their positions in 2005 and 2006.

The analysis also found that the median value of CEOs' equity compensation, which includes in-the-money stock options and restricted stock awards, increased 48 percent last year to $30.2 million.

Featured Special Report:
Top 100 FLSA Overtime Q&As
   
   
 
 
Twitter  Facebook  Linked In
Follow Us
CT-WEB06
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on http://Compensation.BLR.com
Document URL: http://compensation.blr.com/Compensation-news/Compensation/Bonus-Payments/CEO-Bonuses-Rise-13-Percent/