In association with JDM Digital and MyCFOnetwork, a new 2011 Financial Executive Compensation report has been published. According to the report more than half of U.S. Financial Executives of privately held companies received a salary increase this year. However, the report details how public company CFOs continue to receive salaries 45% more than their privately held counterparts.
Download the CFO compensation report summary (no registration required).
Traditionally, executive compensation surveys are slanted toward publicly traded Fortune 1000 executives making it difficult, if not impossible, for executives of smaller companies to determine their fair market value. Says Tommy Souther, U.S. Ag CFO. This report, however, shows data from companies in the more relatable $50 million dollar annual revenue spectrum.
“Having a document to point to when you are negotiating an executive compensation package is vital.” Explains Craig Williams, Co-Founder of MyCFOnetwork. “Our report highlights critical areas that must be addressed in private company compensation packages.”
Now available on the MyCFOnetwork website, the 2011 Financial Executive Compensation Survey Report offers 46 pages of hard data providing unparalleled insight into total compensation packages offered CFOs and other financial executives including: base salary, raises, bonuses, non-cash incentives, long-term incentives, and employment agreements.
“Most compensation surveys only offer the data for really large businesses.” Says Souther. “This report offers the private company information CFOs have been craving for years.”
The report is available for download by the public via their website: http://national.mycfonetwork.com or you can download the report summary (no registration required).
More report details available in the press release.