A new survey from BDO, a professional services firm, shows average compensation for healthcare CEOs increased 2% year over year, reaching $5.1 million in 2015.
While CEOs experienced a salary increase, healthcare CFOs saw a drop in compensation, according to the BDO 600: 2016 Survey of CEO and CFO Compensation Practices of Mid-Market Public Companies. Compensation for healthcare CFOs decreased 5% year over year in 2015, falling to $1.7 million.
“Executive compensation plans continue to be hotly debated in the public as industries like financial services and healthcare grapple with increased scrutiny from stakeholders, lawmakers and consumers around pay practices and performance with continued calls for even more transparency,” said Randy Ramirez, managing director in the global employer services practice at BDO. “We expect performance metrics will continue to grow in importance, as will communication plans to help earn shareholder approval.”