Executive Careers

Executive Compensation

Look at Executive Compensation

The highest paid senior executive jobs and top management positions are usually paid more than six times those, which are the lowest paying employee.
 
According to a report from the Institute for Policy Studies, the ratio of standard executive compensation to employee income increased from 301:1 in 2003 to 431:1 in 2004. If the minimum wage had risen as speedily as executive wages have since 1990, it would stand at $23.03 an hour rather than $5.15. The statement concludes that executives for military contractors profiting from the Iraq conflict are experiencing highest salary increases.

However, we need to remember that such professional and executive positions are salaried and do not have laws about working hours. Executive search firms search for executive positions from $125,000 to $1 million +. Competition for such highly paid jobs is hard.

New Nonprofit Executive Compensation Database

Because of the increased governmental regulation of executive compensation, nonprofits need to be able to document the compensation comparability data that they rely upon when determining executive compensation. As a result, a new database that provides a thorough list of executive compensation for nonprofit organizations has been introduced.
 
The Internal Revenue Service (IRS) has been aggressively making thousands of "compliance checks" of tax-exempt organizations regarding the procedures used to determine executive compensation. The breadth of information now sought by IRS agents is remarkable.
 
Agents are seeking detailed evidence of informed decision-making regarding how and when board members acquired and utilized executive compensation comparability data. IRS agents are even instructed to seek evidence regarding the variance between the compensation paid and the compensation comparability data relied upon.

At the request of the IRS, to assist in analyzing issues relating to excessive compensation within 501(c)(3) organizations and to satisfy the needs of compensation consultants and board committees, Money-making Research Institute (ERI) created the Compensation Comparables Assessor™ (CA+) software.

CA+ contains advanced search features that are particularly valuable to federal and state regulators, as well as information that compensation consultants, nonprofit executives and nonprofit board members can benefit from. CA+ provides subscribers with the ability to analyze the entire universe of Form 990 executive compensation data for selected periods. CA+ is a user-friendly software program. The user simply selects a position, NTEE code, organization size and geographic area in order to analyze peer groups.

Seattle Times

Boeing CEO's 2009 compensation fell to $13.7M The Associated Press The Associated Press formula is designed to isolate the value the company's board placed on the executive's compensation during the last fiscal year. ... Boeing execs reap stock's gains in 2009 paySeattle Times Business briefs: Boeing CEO sees pay fall to $13.7 millionHeraldNet Boeing CEO total compensation up in 2009Sify all 141 news articles »

J&J CEO Weldon gets 11 pct 2009 raise, to $25.6M The Associated Press ... proxy statements filed with the SEC, which reflect the size of the accounting charge taken for the executive's compensation in the previous fiscal year. ... and more »