IP: Those who still have jobs, get paid - maybe

[David Farber <dave () farber net>]

> From: "Janos Gereben~" <janos451 () earthlink net>
> To: "jg" <janos451 () earthlink net>
> Subject: Those who still have jobs, get paid - maybe
> Date: Tue, 13 Mar 2001 23:54:16 -0800
> X-Mailer: Microsoft Outlook Express 5.50.4522.1200
>
> Small Internet company salaries stay up
> Janos Gereben - the451
>
> [Study is first to look into compensation statistics at small,
> privately-held Internet companies.]
>
> A new US study of compensation at small and mid-sized Internet-related
> companies found California still on top, by a bit, with an average annual
> salary of $230,000 for CEOs, and not showing decline as the general business
> downturn is becoming obvious. The Mid-Atlantic region followed closely, with
> $220,000, but showing a higher average - of $243,000 - for sales directors.
> New England came in with another $10,000 drop for CEOs (at $210,000), and
> the average figure for the South was $198,000. All figures include salary
> and bonus payment.
>
> Hale and Dorr, Ernst & Young, the Harvard Business School and the executive
> recruiting firm J. Robert Scott jointly produced the "2001 Internet
> Compensation Report." The study surveyed salaries for nine senior executive
> positions, and it was based on surveys of 211 companies with an average of
> 50 employees.
>
> In contrast with the CEO averages, the studio showed wider regional
> fluctuation for CFOs, from the high of $205,000 to a low of $165,000 in the
> Mid-Atlantic. Heads of engineering were, on the average, positioned between
> CEOs and CFOs, at around $180,000 nationally.
>
> Surveys of other job categories included chief operating officer ($226,000
> at Mid-Atlantic companies), chief technology officer ($175,000), head of
> marketing ($188,000), head of business development ($214,000) and head of
> human resources ($119,000).
>
> The study found a rate of company equity stake held by CEOs inverse
> proportion to cash compensation, ranging from 10.57% in California to 16.52%
> in the South.
>
> Noam Wasserman, a Harvard Business School doctoral candidate who designed
> the survey and analyzed the data, said the study provided information
> available nowhere else. "From all the research that I've done on
> compensation reports, I found that there was very little on small, private
> companies," he said.
>
>
> ~~~~~~~~~~~~~~~~
> Janos Gereben/SF, CA
> janos451 () earthlink net



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