Becker's Healthcare October 30, 2024
Healthcare organizations are investing heavily in their CIOs, with 22% of CIOs now earning over $600,000 annually, an Oct. 29 report from WittKieffer found.
WittKieffer, an executive search firm, surveyed healthcare chief information and digital officers to explore the scope, compensation and more details pertaining to the role.
Here are eight things to know from the report:
- Forty-one percent of CIOs earn annual salaries between $301,000 and $500,000.
- CIOs are seeing significant pay increases when moving into their new roles, with 27% reporting a boost of over 20% in compensation.
- Bonuses and long-term incentives are also key components of CIO compensation, with all...