Welcome to our most Frequently Asked Questions. If you have a question that is not answered here, please contact us and we will get back to you as soon as possible.
Go to the Free CEO Salary Review and enter your email address (so we can contact you to follow up with any questions you might have on your Free CEO Salary Review). Once you click “Submit”, you will need to confirm your email address (sorry, but we suffer from form-filling spambots like every other site). When you open your email confirmation and click the confirm button, you will be taken to a page where you can enter the ticker symbol of the company whose CEO Salary you would like to review. After entering the ticker and submitting the form, your CEO Salary Report should appear within a minute or two. Please be patient, we are still beta testing our software and it may take up to three minutes to assemble your report.
We will follow up within an hour with an email to see if you have any questions, comments, or problems with your report. Any feedback you can provide is tremendously helpful as we decide which features to incorporate into our next version of this software.
Yes. You need only provide an email address (and verify it) so that we can follow up with you and answer any questions you may have.
Also, while we are in our public beta testing phase, we encourage you to share as much feedback as possible, so that we prioritize the features we build into our next version. Please do not hesitate to share with us what you like, anything that frustrated you, and any features you would like to see in future versions.
You can upgrade your account here. We have several standard executive compensation benchmarking products — all of which are supported by our 25+ years of executive compensation consulting experience.
In compensation benchmarking, organizational size and complexity is important, since pay is related to organizational size and complexity. Our algorithm compiles a group of similarly-sized companies from the same or similar industries, to the best extent possible. We review all companies in the same SIC (Standard Industry Classification) code, and add companies at least 1/3 and up to 3x the size. Assets are used as the size measure for companies in financial services, while Revenue is used as the measure of size for all other industries.
We include at least 12 companies and up to 30 companies of similar size, such that the median company in the comparator group is as close to the same size as the target company. In certain cases, we need to expand the search for comparator companies to adjacent industries, or in unusual circumstances such as for extremely large or extremely small companies, we include companies from all industries (consider a comparator group for Wal-Mart, Exxon Mobil, GM, or Apple).
As we continue to invest in application development, we will continue to refine and improve our algorithm. If you have concerns, questions or suggestions for improving our comparator group development process, we would love to hear from you. Please contact us at firstname.lastname@example.org.
Note that since the definition of a competitive pay range is based upon a +/-15% range around the median statistic, any single company (or even two companies) are unlikely to significantly affect the competitive market pay level.
To keep our solutions inexpensive for our clients, we rely upon our custom algorithm to define the comparator group for our Free CEO Salary Review, our Basic CEO Compensation Review, and our Intermediate Top 3 Executive Compensation Review. Our more sophisticated solutions, including our Standard Top 5 Compensation Review and our Premium Pay and Performance Review allow for customization of comparator companies. Please upgrade for access.
We have a licensing agreement with data provider Intrinio which we use for the initial Comparator Group analysis, and also a licensing agreement with Standard & Poors for financial and market data, as well as all of the compensation data used in the applications. In all of our tests to date, S&P’s compensation data is consistent with the raw data reported in financial statements and proxy disclosures of compensation data. However, if you find discrepancies, please email us at support@SheffieldBarry.com.
Please send us an email and let us know if you have problems running your CEO report. Some users reported that when they run the application, they get a completely blank page, or a description of the report, but with no data table. This may happen because of memory limitations of the users’ computer or browser. To address this, try one of these solutions:
(1) Close some of the open tabs in your browser you are not using, and try again.
(2) Close your browser entirely (to empty your browser cache), reopen and try again.
Our Peer Group algorithm identifies the most similar companies in your industry, then adds other companies of similar size in adjacent and other industries. Companies that are not in similar industries can appear in your comparator group, most commonly when (a) your company is among the largest or smallest in your industry, (b) when companies operate in multiple industries and have an SIC code associated with their company that may not reflect the scope of their business, and/or (c) when your company’s industry has very few companies.
CEO data typically includes the current CEO of each company. For companies with a newer CEO (hired since the end of the most recent fiscal year), their CEO pay may appear as zero or “-“. Also, for newer CEOs with less than a year of tenure, a unusually low pay number may be reported. A few of these outliers will not affect the median of the comparator group, nor the competitive range calculated based upon the median. These outliers are also highly unlikely to affect the top quartile or bottom quartile.
If you encounter more than three CEOs with no pay data, please let us know so we can look into the issue further.
Not all publicly-traded companies are required to comply with SEC requirements for public disclosures. Companies listed with an established exchange such as NASDAQ or NYSE are required to disclose financial and other information according to SEC requirements and Exchange rules. Other companies may have stock which trades over-the-counter (OTC), but not subject to disclosure requirements. If you receive a “Ticker not recognized” message when submitting your company ticker, please check and ensure the ticker you entered is correct, and that its stock trades on an established exchange. If you know the Company’s industry and revenue or assets, you can still use the Free CEO Salary Report for private companies (use the link just below the box for the ticker symbol).
Please contact us so we can arrange a brief conversation. Once we understand your specific business and HR needs, we will draft a proposal letter for you outlining our suggested approach, timing and professional fees.
When comparing our fees to other consulting firms, please keep in mind that we never bill for any administrative overhead or data charges. While other firms may charge 4%, 7%, or even 18% in addition to their professional fees, we believe our clients deserve complete transparency and should not be expected to pay for administrative support or other data fees.
We do bill our clients for direct expenses at our cost. These direct expenses are usually a result of travel needs for in-person meetings, if requested.
We have invested heavily in technology and spent significant time automating many of the most common analyses provided to clients for basic or standard executive compensation reviews.
Based on our experience, our results are similar to those of the larger executive compensation consulting firms, but for fees that are 20% to 40% lower than other firms.
No. No. Only for travel expenses.
We do not charge anything extra for data, unless we need to purchase additional compensation surveys that we do not already have in our library. All our executive compensation data which is publicly disclosed in proxy statements is provided without additional charge to our clients.
We do not charge any additional “load” or “administrative charge” or other fee. Unlike most other firms in our space, our fees are “all in”.
The only additional fee we will charge is travel expense, at our cost, if we are requested to attend any meeting with the management team or with the Compensation Committee.
We have advised companies across every industry. Recently, we have advised companies on compensation issues in industries such as food manufacturing, education, construction, leisure equipment, and community banking. We have a depth of experience with both privately-held and publicly-traded companies. Our community banking industry expertise is significant, and many of our internal tools have been optimized for our banking clients. More on our banking industry experience.