July 15, 2010
More Chief Executives Took Pay Cuts Than Other Senior Staff Members at New York City Charities, Study Finds
At nonprofit groups in the New York metropolitan area, more chief executive officers than other senior staff members took pay cuts in the 2010 fiscal year, according to a new survey of compensation trends by the Nonprofit Coordinating Committee of New York. However, austerity wasn’t universal for top leaders, and signs point to bigger paychecks ahead for more of them in 2011.
Thirty-one percent of organizations reported a pay increase to their top executives in 2010 compared