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BSG From the Boardroom

A curated selection of executive opportunities, industry highlights, and unique insights in executive search.

    Executive Compensation Survey: CHRO, Northeast USA, Biotech Industry

    executive-compensation-survey-data-chro-biotech-drug-therapeutics-artwork

    A recently completed search for a Chief Human Resources Officer for a publicly traded biotech company specializing in drug therapeutics presented the following executive compensation insights:

    the Highlights:

    • Title/FunctionChief Human Resources Officer
    • Ownership Structure: Publicly traded
    • Industry: Biotech; drug therapeutics
    • Position Location: Northeast USA

    As executive search consultants, a by-product of our expertise is creating a wealth of knowledge on executive compensation.

    When we complete an assignment, we aggregate the compensation data we have collected across the search, and share it with the executive talent community from which it came. In this case, in Q3 2020 we conducted a CHRO search for a publicly traded biotech company specializing in drug therapeutics.

    To support our talent strategy, we focused on the target talent pool comprising those who either currently or in recent past roles held titles of CHRO, VP HR, Chief People Officer, Head of People and Culture, and a host of related senior executive and C-Suite level roles.

    Executive Compensation Survey Data - Chief Human Resources Officer, Northeast, Biotech Industry

    x365chro-salary-bonus-compensation

    Bonus Structures:

    As a percentage of base salary.

    x365chro-bonus-percent-base

    Tabular Data:

      Base Bonus Total Comp Bonus as % Base
    Average 305,000 105,000 410,000 33%
    Median 297,000 77,000 397,000 30%
    Bottom Quartile 250,000 73,000 324,000 24%
    2nd Quartile 297,000 77,000 397,000 30%
    3rd Quartile 335,000 117,000 426,000 36%
    Top Quartile 465,000 302,000 767,000 65%

     

    Interested in more executive compensation highlights? Review our findings here and sign up for updates as we release new findings.

    Get Access to BSG's Exec Comp Collection

    -by Clark Waterfall on Aug 18, 2020 9:45:00 AM

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