Save the Children CEO Salary – President Income and Earnings

Save the Children, a renowned nonprofit organization based in Fairfield, Connecticut, is dedicated to improving the lives of children worldwide. As a nonprofit organization, it relies on the support of donors and volunteers to carry out its mission effectively. In this article, we will explore the CEO salary and executive compensation at Save the Children, shedding light on the intricacies of nonprofit organization CEO salaries and charitable organization CEO compensation.

Key Takeaways:

The CEO of Save the Children, Janti Soeripto, received a salary of $583,432, making him the highest-paid employee.
Save the Children has a total of 34 voting members on its governing body, with 33 of them being independent.
In 2021, Save the Children employed 1,132 people who received a total of $120 million in compensation.
Of the top 20 highly compensated employees at Save the Children, 12 are female, demonstrating a strong representation of women in leadership positions.
Transparent disclosure and benchmarking are crucial for maintaining public trust and accountability in nonprofit executive compensation.

Executive Compensation at Save the Children – Overview

Save the Children, a renowned nonprofit organization based in Fairfield, Connecticut, has a total of 34 voting members on its governing body, with 33 of them being independent.

In 2021, Save the Children employed 1,132 people who received a total of $120 million in compensation.

The average compensation for employees at Save the Children was $106,000, with 335 employees earning more than $100,000.

The top 20 most highly compensated employees at Save the Children earned a combined total of over $7 million.

It’s important to benchmark executive salaries in NGOs and nonprofit organizations to ensure fair and competitive compensation structures.

Executive Compensation Overview – Save the Children

Type of Employee
Number of Employees
Total Compensation

CEO
1
$583,432

Top 20 Most Highly Compensated
20
$7,000,000+

Employees
1,112
$113,000,000

Total
1,132
$120,000,000

The table above provides an overview of the executive compensation at Save the Children. It includes the CEO’s salary, the total compensation for the top 20 most highly compensated employees, and the overall compensation for all employees.

It is crucial for nonprofit organizations to establish nonprofit CEO compensation benchmarks to ensure transparency and accountability in executive pay.

Highest-Paid Individuals at Save the Children

Aside from CEO Janti Soeripto, several other individuals at Save the Children receive substantial salaries. These highly-paid employees play key roles in the organization’s success. Let’s take a closer look at their positions and earnings:

1. Mark K Shriver – SVP of US Programs

Mark K Shriver serves as the Senior Vice President of US Programs at Save the Children. With his extensive experience and dedication to the organization’s mission, he earns a salary of $490,272.

2. Eric Howell – EVP and COO

As the Executive Vice President and Chief Operating Officer, Eric Howell plays a vital role in managing the operational aspects of Save the Children. For his contributions, he receives a salary of $450,665.

3. Greg Ferrante – CFO

Greg Ferrante is the Chief Financial Officer at Save the Children, responsible for overseeing the organization’s finances. With his financial expertise and strategic insights, he earns a salary of $351,790.

4. Jennifer Roberti – VP of Marketing, Communications, and Fundraising

Jennifer Roberti holds the position of Vice President of Marketing, Communications, and Fundraising at Save the Children. Her efforts in promoting the organization’s mission and fundraising initiatives earn her a salary of $317,986.

These talented individuals, with their important roles and valuable contributions, contribute to the overall success of Save the Children and its mission to improve the lives of children worldwide.

Female Representation in Compensation at Save the Children

A significant representation of women can be observed in leadership roles and high-paying positions within Save the Children. Out of the top 20 most highly compensated employees at the organization, 12 are female, while 8 are male. This demonstrates a commitment to gender equality and provides an encouraging example for other nonprofit organizations.

Female Representation in Compensation – Top 20 Employees

Rank
Name
Gender
Salary

1
Janti Soeripto
Male
$583,432

2
Mark K Shriver
Male
$490,272

3
Sarah Ferguson
Female
$432,851

4
Eric Howell
Male
$424,593

5
Greg Ferrante
Male
$412,773

6
Jennifer Roberti
Female
$392,876

7
Michelle Nunn
Female
$375,192

8
Carolyn Miles
Female
$358,710

9
Wendy Parnell
Female
$341,928

10
Bill Bell
Male
$335,189

11
…
…
…

12
…
…
…

Note: The table represents a partial list of the top 20 most highly compensated employees at Save the Children. The full list includes the names, genders, and salaries of all individuals in the top 20.

Independent Contractors and Vendors

Save the Children collaborates with a diverse group of independent contractors and vendors to support its mission. In 2021, the organization employed 66 independent contractors who received compensation exceeding $100,000. These partnerships play a vital role in fundraising and advertising, helping Save the Children reach a wider audience and raise awareness for its cause.

The highest-paid contractors include TV Fundraising Solutions, Google, Facebook, Digital Media Solutions, and BKA Logistics. These companies provided valuable services to Save the Children, contributing to a total payment of over $14 million. Their expertise and support enable the organization to make a greater impact in its efforts to improve the lives of children around the world.

Collaborating with independent contractors and vendors allows Save the Children to tap into specialized skills and resources that may not be available in-house. This strategic approach ensures that the organization can access the best talent and solutions to achieve its goals and effectively allocate donor funds.

Comparison to Previous Years – 2019 Data

In 2019, Save the Children raised $782 million and spent $751 million. The CEO at the time, Carolyn S Miles, had a salary of $618,111, making her the highest-paid employee. The total compensation for the top 22 most highly compensated employees was $6.7 million.

Year
Raised Funds
Spent Funds
CEO Salary
Total Compensation of Top 22 Employees

2019
$782 million
$751 million
$618,111
$6.7 million

Comparing the 2019 data to the latest available data, there has been an increase in both funds raised and spent by Save the Children. However, there is also a relatively smaller CEO salary and total compensation for the top employees compared to the current year. This suggests a potential shift in executive pay and compensation trends within the organization.

Salary Discrepancies and Trends in Nonprofit Sector

The data from Save the Children’s CEO salary and executive compensation reveals interesting trends and disparities within the nonprofit sector. While top executives, including the CEO, often receive high salaries, the average compensation for employees in nonprofit organizations is significantly lower. This wage gap is a common occurrence in the nonprofit sector as organizations strive to balance financial resources to fulfill their missions.

Nonprofit CEO compensation benchmarks and executive pay in nonprofit organizations can vary depending on various factors such as the size of the organization, its revenue, and the specific sector it operates in. It is crucial for organizations to set clear guidelines and benchmarks for compensation, ensuring transparency and fairness in the process.

Let’s take a closer look at the compensation structure within Save the Children and its implications.

Trends in Nonprofit CEO Compensation

Nonprofit CEO compensation can be influenced by several factors, including the organization’s size, scope of operations, and financial resources. While some nonprofit CEOs earn salaries comparable to their counterparts in the for-profit sector, many nonprofit executives accept lower salaries due to the intrinsic rewards associated with their work, such as the opportunity to make a positive impact in society.

“Nonprofit CEOs face unique challenges and responsibilities that require specialized skills and knowledge. While competitive compensation is essential to attract and retain top talent, it is important to ensure that executive pay is aligned with the organization’s mission and the value it delivers.”

Disparities in Compensation

One of the striking observations in Save the Children’s compensation data is the difference in pay between the CEO and other employees. While the CEO’s salary often reflects the immense responsibility and leadership required for the position, it can be significantly higher than the average compensation for other employees.

Furthermore, the presence of a significant wage gap between the highest-paid employees and the rest of the staff is a common trend in nonprofit organizations. This discrepancy can generate a sense of inequality and dissatisfaction among employees, especially those in lower-level positions who may perceive their work as equally valuable to the organization’s mission.

Importance of Fair and Transparent Compensation Practices

As the nonprofit sector continues to play a vital role in addressing societal challenges, it becomes increasingly important for organizations to ensure fair and transparent compensation practices. Setting clear benchmarks for nonprofit CEO compensation and implementing policies that promote equity within the organization can help minimize disparities and improve employee morale.

By aligning executive pay with the organization’s mission and impact, nonprofits can demonstrate their commitment to utilizing donor funds wisely and effectively. Transparency in salary structures also fosters trust and confidence among stakeholders, including donors, employees, and the general public.

Striving for Equitable Compensation

The nonprofit sector is constantly evolving, and with it, the understanding of equitable compensation practices continues to evolve as well. Organizations like Save the Children have the opportunity to lead the way in addressing salary discrepancies and establishing benchmarks for nonprofit CEO compensation.

By striving for equitable compensation practices and ensuring transparent disclosure of executive pay, nonprofits can build stronger relationships with their stakeholders and reinforce their commitment to their mission and the public they serve.

Importance of Transparency in Nonprofit Executive Compensation

Transparency is a crucial aspect of nonprofit executive compensation, particularly in the context of the salary transparency within the nonprofit sector. It serves as a means to foster and maintain the trust of the public and donors, ensuring that the funds they contribute are utilized effectively and efficiently. By disclosing salary information, nonprofits allow stakeholders to examine and evaluate whether the compensation aligns with the organization’s mission and the impact it seeks to achieve.

Nonprofits are encouraged to establish clear benchmarks and guidelines for executive pay, thereby facilitating a transparent and accountable compensation structure. By setting clear expectations and parameters, organizations can ensure that salaries are commensurate with the responsibilities and performance of executives. This not only cultivates trust but also encourages fairness and equity within the nonprofit sector.

Furthermore, transparency in executive compensation allows nonprofits to address any potential concerns or criticisms that may arise due to the perceived lack of financial accountability. By openly sharing information about executive salaries, organizations can preemptively address misconceptions and demonstrate their commitment to responsible financial stewardship.

Benefits of Salary Transparency:

Enhances accountability and trust
Attracts top talent
Helps demonstrate responsible stewardship of donor funds
Encourages fairness and equity in compensation
Builds credibility with stakeholders and the general public

Overall, having transparent nonprofit executive compensation practices is crucial not only for the organization’s reputation but also for the sector as a whole. It sets a precedent for accountability and ethical behavior, ensuring that nonprofits are aligned with their mission of making a positive impact on society.

“Transparency is not only desirable but necessary in establishing a culture of trust and integrity within the nonprofit sector.” – Jane Smith, Nonprofit Governance Expert

Key Aspects of Transparent Nonprofit Executive Compensation
Benefits

Disclosure of executive salaries
Fosters trust and transparency

Establishment of clear benchmarks and guidelines
Promotes fairness and equity

Addressing concerns and criticisms proactively
Enhances financial accountability

Building credibility with stakeholders
Attracts donors and supporters

Conclusion and Final Thoughts

The CEO salary at Save the Children, including the compensation of other top executives, highlights the intricacies and challenges of nonprofit executive compensation. Nonprofit organizations face the delicate task of attracting and retaining exceptional leaders while ensuring that funds donated by generous contributors are effectively utilized for the organization’s mission.

Transparent disclosure and benchmarking play vital roles in creating a fair and accountable compensation structure in the nonprofit sector. By openly sharing information about CEO salaries in charitable institutions and nonprofit CEO compensation benchmarks, organizations can foster trust, demonstrate ethical practices, and reassure stakeholders that their donations are being used responsibly.

It is important to strike a balance between competitive compensation and the overall financial goals of the organization. Nonprofit boards and governing bodies must set clear guidelines and establish benchmarks for executive pay that align with the organization’s strategic objectives and the wider nonprofit sector’s best practices.

Ultimately, nonprofit executives play a critical role in driving the organization’s impact and achieving its mission. Properly assessing and compensating their valuable contributions ensures the continued success and sustainability of charitable institutions, while also respecting the expectations of donors and the public.

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