Non-Profit Exec Salary Growth Slows

In what may be a response to the government’s announcement that it will begin paying closer attention to such things, the rate at which the chief executives of U.S. non-profit companies rose at their slowest rate in ten years in 2003, according to a new survey. Executive pay rose 3.66%, with a median salary of $291,356. That rate of increase was still nearly double the national inflation rate of 1.9%, however.