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!
September 25, 2009
CEO Compensation Dips, Slightly

Median total annual compensation for chief executives officers at public companies declined by only 0.08 percent in 2008, according to a study by The Corporate Library, a research firm.

The decline in CEO compensation is much smaller than the decrease in S&P 500 index, which fell 37 percent in 2008.

In the report, which includes data from more than 2,700 public companies, The Corporate Library says the findings suggest that the link between CEO pay and firm performance remains weak.

"While these findings are historic, in that we have never seen a decline in CEO compensation since we began this series of surveys in 2002, if there were ever an argument that pay is fatally divorced from performance then this is surely it," said Senior Research Associate Paul Hodgson, co-author of the report.

In addition, about 75 percent of CEOs received an increase in base salary in 2008, up from 73 percent in 2007.

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!
Featured Special Report:
Top 100 FLSA Overtime Q&As
Twitter  Facebook  Linked In
Follow Us
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: