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GCs Median Compensation
in 2009, by Industry
Tech, Media, & Telecommunications
$1,396,000
Consumer
Packaged Goods
$1,368,000
Financial
& Insurance
$1,286,000
Industrial
$1,204,000
Energy, Utilities,
& Materials
$1,079,000
Retail
$893,000
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General counsel at Fortune 1000 companies are doing well, earning, on average, $1,482,922 in salary, bonuses, and other cash awards.
GCs who report directly to the chief executive officer enjoy a median salary 45.7 percent higher than GCs who don't, according to a new report from Equilar, an executive-compensation research firm in Redwood Shores. Further-more, Equilar's Top General Counsel Compensation Report found that the more companies earn, the more their GCs bring home: GCs at companies with more than $20 billion in revenue earned nearly three times as much as those at companies with less than $5 billion in revenue.
Kari Santos
Daily Journal Staff Writer