2024 Senior Management Compensation Survey Results

This report presents the findings of the 2024 RC Capital Senior Management Compensation Survey, which involved thirty-two private growth companies from the healthcare and tech sectors. The survey collected data on compensation components, including cash and stock for senior management and independent directors, as well as information regarding D&O insurance and audit expenses. Key findings indicate that the average base salary for CEOs is $361,000, with a target bonus of $190,000. The report highlights that larger companies tend to pay higher salaries, and there is a correlation between company revenue and CEO compensation. Additionally, it notes that total compensation for senior management teams is influenced more by variable compensation than base salaries. The report also includes insights on D&O insurance coverage, independent director compensation, and audit fees, emphasizing the impact of company size on these financial aspects. Furthermore, it discusses workplace flexibility trends post-Covid and the average 401K match provided by employers.