Middle Market CEO & CFO Pay Increases Show Momentum in BDO Study
2015 middle market executive compensation trends foreshadowed momentum companies are seeing in 2016. In Q2, the National Center for the Middle Market reported 7.2 percent revenue growth over the previous year, and while companies entered the year with some caution, 2015 pay reflected improving performance. According to the BDO 600: 2016 Survey of CEO and CFO Compensation Practices of Mid-Market Public Companies, middle market CEO compensation increased by 3.2 percent in 2015, reaching an average of $3.8 million, and CFO compensation increased by 4.1 percent, reaching nearly $1.5 million. While the increases are moderate, middle market executives fared better than employees overall, who received an average 2.9 percent salary increase in 2015, according to the Economic Research Institute.
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