Our study on executive compensation at 42 publicly traded staffing, executive search, and other workforce solutions firms globally reveals that total compensation increased by a median 4.0% in 2022. The Americas posted the highest median compensation at USD 2,698,890, while Europe, the Middle East, and African firms saw median compensation of USD 955,237. Interestingly, changes in total compensation varied significantly by region, with the highest median percentage increase (8.5%) found in the Americas and the only decline (-1.2%) among firms in Europe, the Middle East, and Africa. The structure of compensation also varied greatly across regions, with firms headquartered in the United States making the greatest use of variable compensation and those in continental Europe utilizing the greatest amount of fixed compensation.

The highest-paid executives in the study group were Jonas Prising, CEO of ManpowerGroup Inc. (total compensation of USD 13.1 million) and Gary D. Burnison, President and CEO of Korn Ferry (USD 11.5 million). Additionally, compensation as a percent of revenue was 0.06% at the 25th percentile, 0.14% at the median, and 0.34% at the 75th percentile. Compensation as a percent of market