Survey: Performance incentives drive general counsel compensation rise
By 
Adrianne Appel2022-09-23T17:03:00
Compensation among general counsel at some of the nation’s top corporations increased about 8.1 percent in 2021, compared to 2020 levels, according to the latest annual benchmarking report from corporate leadership data provider Equilar.
This year’s “General Counsel Pay Trends” survey analyzed the compensation of GCs as reported in filings to the Securities and Exchange Commission by 175 of the 500 largest companies by revenue that trade on one of the three major U.S. stock exchanges, said Equilar.
Incentive awards, rather than salary raises, were largely responsible for the overall increase in GC compensation from $2.9 million in 2020 to $3.1 million in 2021. The fiscal year time range observed by Equilar was from March 1, 2021, to Feb. 28, 2022.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
PremiumSurvey finds gender parity progress in general counsel compensation
Pay among women general counsel outpaced men in 2022 for only the second time since 2018, according to the latest compensation benchmarking report from corporate leadership data provider Equilar.
-
PremiumSurvey: In-house counsel salaries, bonuses decreased in 2022
In-house counsel salaries took a small step back in 2022, according to the latest analysis from executive search firm BarkerGilmore, while overall bonuses suffered a much steeper decline.
-
ArticleSurvey: Competitive jobs market pushes in-house counsel salaries higher
In-house counsel salaries across every industry bounced back in 2021 from the doldrums of the pandemic, with a competitive jobs market forcing recruiters to offer more bonuses, according to the latest compensation survey by BarkerGilmore.
More from Surveys & Benchmarking
-
PremiumSurvey highlights demand for quick, customizable, and cost-effective compliance training
Compliance training has become less expensive and more customizable to keep up with the constant rule changes, according to a new survey by microlearning training platform Ethena and Compliance Week.
-
SurveySurvey: The State of Third-Party Due Diligence
This is a Compliance Week Survey, sponsored by GAN Integrity. It is completely anonymous and designed to help benchmark the state of third-party due diligence. Results will be shared by Compliance Week and GAN Integrity in the form of a benchmark report.
-
PremiumWhat’s keeping compliance leaders up at night? Struggles and strategies for 2025
Managing the unrelenting pace and increasing complexity of regulations is the top concern among compliance professionals, according to a recent survey by Compliance Week and Resolver.