Executive and Board Pay Rise Amid Rapidly Evolving Business Landscape
As pay continues to increase, shareholder activists, investors and employees continue to demand greater transparency in executive and board pay practices. Aligning compensation programs with shareholders’ value creation metrics while attracting and retaining key talent presents challenges for businesses, especially in light of ongoing economic volatility, heightened focus on ESG issues, and evolving accounting, regulatory and tax requirements. A deep understanding of pay practices is critical to develop a well-balanced compensation strategy that rewards business leaders for their contributions toward achieving organizational goals.
The BDO 600 examines compensation plans and pay levels of 600 mid-market public companies — a unique feature, as most compensation studies focus on much larger companies. The study is broken into two reports, CEO and CFO Compensation and Board Director Compensation, and includes comparisons by company size and industry: energy, financial services-banking, financial services-nonbanking, healthcare & life sciences, manufacturing, real estate, retail, and technology.
