The 2021 Executive Compensation and Benchmarking Survey
Total Page:16
File Type:pdf, Size:1020Kb
The 2021 Executive Compensation and Benchmarking Survey NEW DATA NEW PERSPECTIVES NEW VIEWPOINTS A single source gives you greater insight into your executive compensation investment and pay practices. Better, more in-depth data than other sources in the industry.” “Helped spark great dialogue and influenced our decision-making.” “The data I needed to understand my competitive positioning.” The 2021 Executive Compensation and Benchmarking Survey Pearl Meyer has combined two industry-leading data sources to provide you with an in-depth review of both your competitive standing in comparison to your peers and the total cost of compensation for your leadership team. You’ll benefit from insight based on detailed information gathered from survey participants who will provide compensation data for their executives and senior management teams combined with 2021 Compensation Discussion and Analysis Data (CD&A) public company proxy filings* for their top five executives. What will the report provide? Our report covers the complete top two layers of a firm’s management team including over eighty executive positions. In addition to a traditional competitive pay summary by benchmark position, the report also gives data for non-benchmark positions (e.g., direct report to CEO, not matched elsewhere) allowing you to determine an appropriate survey match for each one of your top executives, even those with a unique range of responsibilities. *Source: Main Data Group DATA COLLECTED & REPORTED SUMMARY DATA IS Base Salary ORGANIZED BY: Cash Incentives Survey matches • Target, Actual, Threshold, and Proxy matches Maximum Awards A combination of both = Long-Term Incentives • Target and Actual Awards • Ongoing/Annual, New Hire, Special, THREE WAYS TO DEFINE A “JOB” and Mega Grants WITHIN THE ORGANIZATION: • Performance-Based Options Benchmark position • Non-Performance-Based Options Overall pay rank within the firm (1 to 20) • Performance-Based Restricted Stock Pay rank (1 or 2) within a functional area • Non-Performance-Based Restricted Stock • Performance-Based Non-Stock Price Awards • Restricted Cash Awards DATA CAN BE VIEWED BY: Firm size Industry Number of levels below the CEO For questions or to enroll, call 508-460-9600 and ask for a survey team member. 2 Benchmark your investment in leadership to your peers. The Leadership Cost Index Custom Peer Group Report Multiple indices provide a holistic Custom peer group reports provide perspective: in-depth data that will provide insight into how your executive pay program Total Cash Cost as a percent of compares to that of your competitors. revenue, as percent of net income Participants receive, free of charge, Total Direct Compensation Cost as a one custom peer group report as part percent of revenue, as a percent of net of their membership. income Total number of leaders per US employee headcount, world-wide employee headcount Enroll Today! One basic membership fee of $3,500 Survey Schedule (with submission of your senior and Data Effective Date: April 1, 2021 executive management data) will give Submission Due Date: May 14, 2021 you access to information on more than 80 executive positions across Publication Date: July 30, 2021 the top two layers of management from participating firms and over 500 public company proxy filings. For questions or to enroll, call 508-460-9600 and ask for a survey team member. 3 Job Positions by Level General Management Healthcare Not-for-Profit Chairman of the Board (not CEO) Chief Medical Officer (Hospital) Executive Director Chief Executive Officer Top Managed Care Direct Report to Executive Director, Chief Operating Officer Top Ambulatory Services not matched elsewhere Direct Report to CEO, Top Behavioral Health Top Development / Fundraising not matched elsewhere Top Nursing Top Foundation Regional President Top Patient Care Top Grants Chief Medical Officer (non-Hospital) Top Membership Administration Chief Scientific Officer Top Philanthropy Top Administration (without finance) Top Clinical Research Top Facilities, Real Estate, Top Drug Safety Operations Property Management Top Medical Affairs Top Operations Top Security Top Drug Discovery Direct Report to Top Operations, not matched elsewhere Communications Human Resources Top Logistics Top Communications Top Human Resources Top Manufacturing Direct Report to Top Communications, Direct Report to Top Human Top Project Management not matched elsewhere Resources, not matched elsewhere Top Quality Top Community Relations Top Compensation & Benefits Top Risk Management Top Investor Relations Top Diversity Top Supply Chain Development / Planning Information Systems Research & Development Top Corporate Development Top Information Services Top Research and Development Top Strategic Planning / Direct Report to Top Information 2nd Level Research and Development Transformation Services, not matched elsewhere 3rd Level Research and Development Chief Technology Officer Direct Report to Top Research and Energy Top Architecture (Tech) Development, not matched elsewhere Top Drilling Top Cyber Security Laboratory Director Top Exploration and Production 2nd Level Laboratory Director Legal Head of Research Center Engineering and Construction Top Legal Counsel Top Research Top Construction Direct Report to Top Legal, 2nd Level Research Direct Report to Top Construction, not matched elsewhere 3rd Level Research not matched elsewhere Corporate Secretary Top Development Top Engineering 2nd Level Development Direct Report to Top Engineering, Marketing and Sales 3rd Level Development not matched elsewhere Top Marketing Fellow 2nd Level Engineering Direct Report to Top Marketing, Senior Fellow 3rd Level Engineering not matched elsewhere Top Sales Finance Direct Report to Top Sales, Top Financial (CFO) not matched elsewhere Direct Report to Top Financial (CFO), Top Marketing and Sales not matched elsewhere Controller TopFor questions Tax or to enroll, call 508-460-9600 and ask for a survey team member. 4 Treasurer Representative List of Survey Participants Pearl Meyer conducts over 35 annual compensation, custom and managed surveys each year working with a range of organizations from Fortune 500 to mid-and-small cap companies across a broad number of industries. Survey Participants by Revenue 44.4% Under $1B $1B to < $30B $30B or greater 9.0% 46.6% 700 organizations participated in our 2020 Executive Compensation and Benchmarking Survey, including: 3D Systems Corporation Akoustis Technologies, Inc. American International Group, Inc. Applied Materials, Inc. Abbott Laboratories Alaska Air Group, Inc. American National Insurance Company Apyx Medical Corporation AbbVie Inc. Albany International Corp. American States Water Co ArcBest Corporation Abercrombie & Fitch Co. Aldeyra Therapeutics Inc American Superconductor Corporation Archer Daniels Midland Company Abraxas Petroleum Corporation Alexion Pharmaceuticals, Inc. American Woodmark Corporation Archrock Inc Acacia Communications, Inc. Allegiant Travel Company Ameriprise Financial, Inc. Argonne National Laboratory Acceleron Pharma, Inc. ALLETE Inc AmerisourceBergen Corporation Ashland Global Holdings Inc. ACCO Engineered Systems Inc Allstate Corporation, The Amerisure Mutual Insurance Company Assertio Therapeutics Acorda Therapeutics, Inc. Ally Financial Inc. Amgen Inc. Associated Capital Group, Inc. Activision Blizzard, Inc. Alpha & Omega Semiconductor Limited Andersons, Inc., The AT&T Inc. Adesto Technologies Corporation Altimmune, Inc. Andover Companies Athersys, Inc. ADMA Biologics, Inc. Altria Group, Inc. Antares Pharma Inc Atlas Air Worldwide Holdings, Inc. ADT Inc AMC Entertainment Holdings, Inc. Anterix Austin Industries AdvanSix Inc Amerant Bancorp Inc. Antero Resources Corporation AutoZone, Inc. Aerie Pharmaceuticals Inc Ameresco Anthem, Inc. Aviat Networks, Inc. AFLAC Incorporated American Airlines Group Inc. Apache Corporation Avnet, Inc. Agenus Inc. American Eagle Outfitters, Inc. Apogee Enterprises, Inc. AXT, Inc. Agilysys, Inc. American Equity Investment Life Holding Apple Inc. B&G Foods, Inc. Airgain, Inc. Company Applied Industrial Technologies, Inc. Bancorp, Inc., The Data was collected from both company submissions and through proxy filings from Main Data Group. For questions or to enroll, call 508-460-9600 and ask for a survey team member. 5 Participating Companies Bank of America Corporation Ceridian HCM Holding Inc. Darden Restaurants, Inc. Extraction Oil & Gas, Inc. Bank of New York Mellon Corporation CEVA, Inc. Data Analysis, Inc Falcon Minerals Corp Bank7 Corp. CGI Technologies and Solutions, Inc. Dell Technologies, Inc. Farmer Bros. Co. Barton Malow Builders ChannelAdvisor Corporation Delta Air Lines, Inc. FB Financial Corporation BCS Financial Corporation Chaparral Energy, Inc. Delta Apparel, Inc. Federal Aviation Administration Bechtel Global Corporation Charter Communications, Inc. Denny’s Corporation FedEx Corporation Benefytt Technologies, Inc. Chefs’ Warehouse, Inc., The Department of Energy’s Kansas City Fidelity D & D Bancorp, Inc. National Security Campus Berkshire Hathaway Inc. Cheniere Energy, Inc Fiesta Restaurant Group Inc Designer Brands Inc. Best Buy Co., Inc. Chesapeake Energy Corporation First Bancorp (NC) Devon Energy Corporation BEYOND MEAT, INC. Chesapeake Regional Medical Center First Capital, Inc. Diamond Offshore Drilling, Inc. BioCryst Pharmaceuticals, Inc. Chicago Zoological Society First Financial Corp Digi International, Inc. Biogen Inc Chuy’s Holdings, Inc. Flexion Therapeutics, Inc. Digimarc Corp. Black & Veatch Corporation