Becker's Hospital Review

23 CFO / FINANCE • Nonprofit hospitals — $2,301 • For-profit hospitals — $3,025 Nevada • State/local government hospitals — $2,962 • Nonprofit hospitals — $2,236 • For-profit hospitals — $2,082 New Hampshire • State/local government hospitals — N/A • Nonprofit hospitals — $2,803 • For-profit hospitals — $2,876 New Jersey • State/local government hospitals — $4,198 • Nonprofit hospitals — $2,942 • For-profit hospitals — $2,021 New Mexico • State/local government hospitals — $3,313 • Nonprofit hospitals — $2,797 • For-profit hospitals — $2,486 New York • State/local government hospitals — $3,133 • Nonprofit hospitals — $3,058 • For-profit hospitals — N/A North Carolina • State/local government hospitals — $2,077 • Nonprofit hospitals — $2,336 • For-profit hospitals — $1,956 North Dakota • State/local government hospitals — N/A • Nonprofit hospitals — $1,850 • For-profit hospitals — $5,548 Ohio • State/local government hospitals — $3,000 • Nonprofit hospitals — $2,969 • For-profit hospitals — $2,277 Oklahoma • State/local government hospitals — $1,628 • Nonprofit hospitals — $2,152 • For-profit hospitals — $2,348 Oregon • State/local government hospitals — $4,168 • Nonprofit hospitals — $3,665 • For-profit hospitals — $3,148 Pennsylvania • State/local government hospitals — $885 • Nonprofit hospitals — $2,617 • For-profit hospitals — $2,112 Rhode Island • State/local government hospitals — N/A • Nonprofit hospitals — $2,833 • For-profit hospitals — N/A South Carolina • State/local government hospitals — $2,332 • Nonprofit hospitals — $2,116 • For-profit hospitals — $1,704 South Dakota • State/local government hospitals — $728 • Nonprofit hospitals — $1,548 • For-profit hospitals — $4,480 Tennessee • State/local government hospitals — $1,739 • Nonprofit hospitals — $2,293 • For-profit hospitals — $1,838 Texas • State/local government hospitals — $3,123 • Nonprofit hospitals — $2,807 • For-profit hospitals — $2,126 Utah • State/local government hospitals — $3,208 • Nonprofit hospitals — $3,363 • For-profit hospitals — $2,838 Vermont • State/local government hospitals — N/A • Nonprofit hospitals — $2,651 • For-profit hospitals — N/A Virginia • State/local government hospitals — $3,678 • Nonprofit hospitals — $2,033 • For-profit hospitals — $1,971 Washington • State/local government hospitals — $3,666 • Nonprofit hospitals — $3,723 • For-profit hospitals — $3,110 West Virginia • State/local government hospitals — $1,175 • Nonprofit hospitals — $1,973 • For-profit hospitals — $1,128 Wisconsin • State/local government hospitals — $3,372 • Nonprofit hospitals — $2,549 • For-profit hospitals — $2,853 Wyoming • State/local government hospitals — $1,140 • Nonprofit hospitals — $3,590 • For-profit hospitals — $2,553 n CFOs could see smaller boosts in bonus pay By Marissa Plescia C FOs may see smaller bonus pay increases in 2022 compared to last year, when there were dou- ble-digit increases in cash incentives, the Wall Street Journal reported May 3. The smaller bonuses will likely be from slower econom- ic growth, higher inflation and pressure from investors to use more meticulous performance targets, compensation advisers told the Journal. Last year companies set lower performance targets be- cause of the pandemic and greatly outperformed, creat- ing higher annual bonuses. Two years into the pandemic, companies are able to better predict their performance targets, according to the article. In 2021, there was a 42 percent increase year over year in median bonuses for CFOs at companies in the S&P 500, to more than $1 million, advisory firm Mercer found. There was a 17 percent increase in total median compen- sation, to $4.5 million. For CEOs, median cash bonuses increased 35 percent in 2021, to $2.9 million, compared to 2020. Total median compensation rose 13 percent, to $14.1 million. n

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