Results in from NCEO ESOP Executive Compensation Survey

Results are now in from the NCEO's survey of executive compensation in ESOP companies, the only such survey available. We had a very strong response, with 317 companies providing detailed answers. The data look at base pay, incentive and stock-based pay, stock-based awards, and qualified retirement plan contributions to create a picture of total compensation for CEOs, CFOs, COOs, top sales/marketing executives, and top vice-presidents.

The data show that pay for ESOP executives remains fairly modest. The median base compensation for CEOs is $200,000 and total compensation $292,000. While 71% get cash-based incentive pay, only 15% receive any kind of stock-based awards outside of the ESOPs. The median company contribution to the ESOP was $17,900. CFOs had median cash compensation of $120,000 and total compensation of $150,000. Thirteen percent received some kind of stock awards.

The data also cover how awards are determined. In 64% of the cases, boards decide alone, while 30% use compensation consultants. Eighteen percent have independent board compensation committees.

Detailed custom reports on the survey results can be ordered now and will be available by the end of the month. Companies can either purchase customized reports by selecting any two of the key variables the survey includes, such as industry, size, S or C status, majority or non-majority ESOP status, and region. The data include all of the elements of compensation for all of the officers described above. Customized reports cost $150 for NCEO members and $300 for non-members. NCEO members can buy the entire data set for $500. For details, contact Loren Rodgers at [email protected] or (510) 208-1307. Further details are at this link.