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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jaclyn Jaeger2018-11-16T11:30:00
Two new reports offer benchmarking data for in-house counsel looking to see how their annual salaries stack up against their peers.
As the role of the top legal officer at public companies continues to evolve, median total direct compensation (TDC) has increased 6.7 percent, according to the “2018 General Counsel Compensation Report” published by Equilar & BarkerGilmore. The report examines the 500 largest (by reported revenue) U.S.-headquartered companies that trade on one of the three major U.S. stock exchanges (Nasdaq, NYSE, or NYSE American).
When analyzed by revenue to identify variances, general counsel (GC) at companies with less than $5 billion in revenue received the largest percentage increase of 21.8 percent from fiscal years 2016 to 2017, or a median $2 million in total compensation. Comparatively, GCs at companies reporting $5 billion to $10 billion in revenue experienced a 3.3 percent decrease in total compensation to $2.0 million.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
Receive the CW newsletter and access CPE webcasts.
2024-07-25T18:15:00Z By Aaron Nicodemus
A new compensation survey found base pay for chief compliance officers has risen 36 percent since 2021 to an average of more than $403,000.
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