Senior-level financial executives at public and private companies alike reported consistent trends in the levels and sources of their compensation in 2016, with average salary increases of 4.1 percent (compared with 4.0 percent in last year’s findings).
To better understand trends in compensation, incentives, perquisites and related topics, Financial Executives Research Foundation (FERF) teamed with Grant Thornton LLP on the Financial Executive Compensation Report 2017.
Based on survey responses from 377 members of Financial Executives International (FEI), the report examines self-reported salaries, staffing levels, variable pay, benefits and other key compensation-related benchmarks.
This year’s report also includes a Q&A with co-authors Ken Cameron and Ken Troy, directors in Grant Thornton’s Compensation and Benefits Consulting practice, about growing recognition of the relationship between compensation programs and organizational risk.
As several high-profile examples illustrate, improper alignment of compensation program design or governance can increase an organization’s financial, operational, regulatory and reputational risks.