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Small-group pay increases smaller than in previous reports

 

Nov. 5, 2021
By William Ehart

CEO pay increases were smaller in the latest CEO Update Small Group Compensation Survey than in previous years. The report reflects mostly pre-pandemic data.

The 3.3% median change in base-and-bonus pay was the lowest since the survey launched five years ago. However, some of the larger, higher-paying groups within the small-group cohort routinely graduate every year out of the data group, while lower-paying organizations that were too small the previous year enter in to it. That means year-to-year comparisons are not apples-to-apples.