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Compensation

Articles about compensation

Data skewed by large number of smaller groups where pay is proportionally greater; but even some major groups pay CEOs more. “If you’re good, don’t be afraid to ask for what you think is just compensation,” Air Conditioning Contractors of America CEO Paul Stalknecht said. "But (CEOs) also have to be respectful of the size of the organization and its ability to pay. If you have a $1 million budget, asking for $700,000 is crazy."

Expert panel at CEO Update Live: Personal Financial Strategies advises CEOs to consider job risks, establish a commitment to the hiring organization, get severance package and make a long-term financial plan when negotiating a contract with an employer.

Working without a contract is familiar to many association chief executives, especially at smaller groups, and even many of those with contracts do not have severance clauses.

May 30, 2014

While negotiating a contract is a lonely pursuit, there are resources available—starting with your peer network, but also including websites, executive recruiters and attorneys who specialize in association employment law.

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