What The Big Boys Make | AccountingWEB

What The Big Boys Make

You know that old saying, “He who has the most toys wins”? Well, when it comes to IT executive worth, it may not be the one who can buy the most toys, but the one who holds enough stock options to buy the most that wins.

One of the people making Inter@ctive Online's list of executives is Jeffrey Bezos. As chairman, president and CEO of Amazon.com, Bezos .reports a modest $81,840 salary. However, his holdings in the company are a staggering $6 billion plus.

When you take a look at the packages these executives hold; it’s almost hard to believe. However, this is the trend as IT companies scramble to hire the best and make it worth their while. Up to 40 to 50 percent of an executive’s pay could come in the form of long-term incentives

And while the trend five years ago was a base pay of 40 percent, that number has dropped to only 25 to 30 percent. Short-term incentives account for another 25%. Some companies have implemented semi-annual salary increases.

It’s not too late for you or your sons and daughters to study information systems!

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.