Financial Executive Compensation Survey 2016

By Thomas (Tom) Thompson, Research Manager, Financial Executives Research Foundation Inc., and Ken Cameron, Compensation and Benefits Consulting Director, Grant Thornton LLP.

The Financial Executive Compensation Survey 2016 of public and private company senior-level financial executives saw an average reported salary increase of 4.0% for all respondents. The following are a few highlights from the survey report.

"The demand for experienced financial and accounting executives is at its strongest in recent years," says Ken Troy, director of Grant Thornton LLP's Compensation and Benefits Consulting practice in Los Angeles. "Companies need to pay attention to changes in the competitive market for talent. They also should have a clear strategy that defines how they will best attract and retain the executives in these key roles."