Executive Salaries Moving Up

Executive Salaries Moving Up.jpg

Just a quick news flash:

After an extended period of decreases and stagnation in executive compensation, salaries appear to be on the rise!

ExecuNet’s Director of Recruiting Services Jeff Peduto recently reviewed September’s job statistics, and observed that salaries have suddenly taken a major leap forward. He noted specifically that those jobs in the $100K-$150K range are up 53% from the same time last year, and those between $250K and $300K are up a whopping 54% from last year.

In addition, job posts overall are up 27%, with leading categories being Finance (+57%), Marketing (+39%), and Information Technology (66%). Other industries with major increases include Healthcare +55%, High Tech +49%, Financial Services +46% and Manufacturing +13%.

Regionally, New York fared best with a 46% increase, but the Southwest did well at 42%. The MidAtlantic posted a substantial 37% increase.

I don’t know about you, but those stats made my day! If you’ve been hunkered down in a less-than-ideal employment situation for fear there was nothing else out there, maybe it’s time for you to polish up that executive resume and test the market?