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CEO Compensation On The Rise, Barely

October 21, 2011
Good news for you local chief executives out there, according to a new study by the American Research Company, Washington-based companies pay their CEOs more than companies in any other geographic area.

But overall, the study found that CEOs' base pay went up 3.3 percent from April 2010 to April 2011, the second lowest pay increase since 1991, CEO Update reports. And total compensation barely ticked up at all.

CEO Update has more:

Gains in association CEO compensation are not at record lows. That counts as good news these days.

The average base pay increase was 3.3 percent for the 12-month period ending April 15, according to American Research Company's recently released "National Compensation Study." That figure is up from the record low of 2.6 percent reported last year, but is the second lowest pay increase reported by ARC since the firm began analyzing CEO pay in 1991.

The study reports the average total compensation for association chief executives inched up by just .03 percent to $290,978.
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