REDMOND, WA - During the most recent 12 months the average total compensation paid to the highest paid executives in US publicly traded companies decreased by 7.0%. The ERI August study showed the first decrease in total compensation since 2004. While overall total compensation decreased, two components of pay reported sharp increases: non-equity based incentives (up 33%) and pensions (up 84%). Decreases were reported in components of base salaries, equity based compensation, LTIP, and "All Other".
ERI Economic Research Institute created this index of Executive Compensation 11 years ago. Since its inception in 1997, revenues of the US publicly traded companies studied increased over 7 times faster than the dollar amounts paid to the companies’ highest paid executives, with total revenues increasing by 113.5% compared to a 15.9% increase for executive compensation.
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