S&P 500 CEO & CFO Actual STI Achievement vs. Target 

S&P 500 CEO & CFO Actual STI Achievement vs. Target

In the S&P 500, CEO and CFO STI payouts (as a % of target) have largely returned to pre-2020 levels after dropping in 2020 and spiking significantly in 2021.

CEO | Actual STI Payout (As a % of Target)

Median S&P 500 CEO STI payouts dipped to 108% of target in 2020 but spiked to 150% of target in 2021.

• In 2020, 56% of companies paid above target and this grew to  85% in 2021.

2023 payouts have returned to pre-2020 levels with a median STI payout of 117% of target and 61% of CEOs receiving above target payouts.

CFO | Actual STI Payout (As a % of Target) 

Median S&P 500 CFO STI payouts dipped to 107% of target in 2020 but spiked to 150% of target in 2021

• In 2020, 56% of companies paid above target and this grew to 85% in 2021.

2023 payouts have returned to pre-2020 levels with a median STI payout of 116% of target and 58% of CFOs receiving above target payouts.

Executive pay levels and pay programs are continuously under scrutiny by shareholders of publicly traded companies.

As a trusted expert in executive compensation, Mercer can help companies develop the right compensation structures for their executives using a market-informed individually-tailored approach.