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ARTICLE · 15 FEBRUARY 2017

Park Square And Wilmerhale Release 17th Annual Technology And Life Sciences Compensation And Entrepreneurship Study

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Growth rate in salaries for private company technology executives track higher than comparable life science leaders for the second year in a row.

United StatesTechnology
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Growth rate in salaries for private company technology executives track higher than comparable life science leaders for the second year in a row. Executives in both industries, especially technology, saw strong salary growth in 2016. 

According to an executive compensation study of private businesses released this week, non-founder C-suite executives at private technology companies saw their cash compensation increase by 6% year over year, while comparable executives at private life sciences and healthcare firms experienced an average increase of 4.2%. This increase in the technology sector is the highest the survey has seen in more than 10 years and is the fourth highest increase since data collection began 17 years ago.

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