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The ESOP Executive and Board Director Compensation Survey

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Our thanks to all of our respondents!


Results of the 2019 ESOP Executive and Board Director Compensation Survey are now available for purchase.

In appreciation for their time, survey respondents have been emailed a code to purchase the survey report at a discounted price of $100.

If you have any questions at all, contact Research Director, Nancy Wiefek at nwiefek@nceo.org for assistance.

2019 ESOP Executive and Board Director Compensation Survey: Full Report ($400 for NCEO members, $1,000 for nonmembers):
Add to Cart(Please see the Terms of Use at the bottom of this page when ordering.)

The 2019 Survey

This survey, conducted between October 2018 and April 2019, collected a total of 419 responses from a diverse group of ESOP companies. The survey gathered compensation data for each of the following eight executive positions:
  • CEO or president
  • CFO or top financial executive
  • COO
  • Chief information officer
  • Top divisional vice president
  • Top human resources or personnel professional
  • Top sales or marketing executive
  • Top manufacturing, products, or services vice president

Contents of the Survey Report

The report includes:
  • Descriptive demographic information about the respondents
  • Tables of compensation at the 10th, 25th, 50th, 75th, and 90th percentiles for each of eight executive positions, separated by base pay, cash incentives, stock-based compensation, and total pay
  • Contributions to executives' individual ESOP accounts and other retirement plan accounts, by percentile
  • Total company ESOP contributions as a percentage of eligible payroll
  • Details on board size, composition, and meeting frequency
  • Details on board director compensation, including:
    • Forms of director compensation
    • Compensation percentiles for retainers, per-meeting fees, additional fees for board and committee chairs, and total director pay

This information is presented for both the overall survey sample and as breakouts for each of the following company characteristics:
  • Revenue
  • Number of employees
  • Percent ESOP ownership
  • Age of ESOP
  • S corporations and C corporations
  • Industry:
    • Construction
    • Manufacturing
    • Professional, scientific, and technical services

The survey questionnaire is available here for reference.

What Users Are Saying

"This report gives us information that we've needed but found very difficult and expensive to acquire in the past. This is a great service."
— Robert H. Carlson (CEO Emeritus and board member, Reell Precision Manufacturing)

"Not only did we get data on executive compensation in ESOP companies, we were also able to look at compensation levels for companies in our size range and industry type. I was impressed with the amount of data, the different executive positions it covered, and the quick turnaround--I would recommend this to any ESOP company."
— Cindy Turcot (Chief Operating Officer, Gardener's Supply Company)

Terms of Use

By purchasing the NCEO's ESOP Executive and Board Director Compensation Survey report, you are agreeing to following terms of use:
  • Companies may share the report with anyone at the company, including outside board members and consultants, but may not circulate it outside the company.
  • Companies sharing the report with outside board members and consultants must specify that its use is limited to the company, and must acknowledge the NCEO as the source.
  • ESOP service providers and other service providers or consultants may use this report to advise clients, as long as they acknowledge the NCEO as the source and make clear that it should not be circulated outside the client's company.