More than half of specialty health and human services executives plan to leave or would consider leaving their organization in the next five years. And only 60% of those believe that they can be replaced at the same pay.
The question of executive compensation then, is an important topic for boards and organizations who want to retain current executives and ensure a smooth succession when the time comes. The 2018 OPEN MINDS Executive Compensation Survey provides the data and trends to help develop a compensation and retention plan that is in tune with the current market. This survey provides information on:
- Trends in executive cash compensation by market–behavioral health, child and family services, long-term services and supports and intellectual and developmental disabilities, and primary care–by organizational revenue, and by executive level.
- Trends in the number of executives who plan to leave their organization in the next year and the reason they plan to leave their organization. Data is broken down by market, revenue, and executive level.
- Trends in whether executives believe they can be replaced at the same pay. Data is broken down by market, revenue, and executive level.