Archive
By Staff Report
May. 29, 2004
Here are some of the findings from its Diversity Officer Special Report:
1. Compensation of diversity officers:
Average salary of $225,000 and average bonus incentive of 10 percent.
23.3 percent make more than $300,000 with a bonus in the range of $100,000;
46.4 percent make $200,000 to $300,000, with a bonus in the $75,0000 range;
30.3 percent make $100,000 to $200,000, with a bonus in the $50,000 range.
2. Average budget: $2.8 million
3. Most common titles:
Vice President–64.7 percent
Chief Diversity Officer–23.5 percent
Senior Vice President–8.8 percent
Director–17.1 percent
Many chief diversity officers are also Vice presidents or senior vice presidents.
4. Average staff size: 8.2 employees; 58 percent have 4 to 20 employees while nearly 30 percent have more than 20.
5. Average tenure: 10 years with the company, four years in the position.
6. Board reporting: 75 percent of diversity officers report to corporate boards on a regular basis.
7. Measurement: 92 percent of CEOs review statistics on diversity results and performance.
8. Suppliers: 80 percent of diversity officers have supplier diversity programs setting policies and goals for purchasing.
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