2010-11 SG&A Benchmarks
Overall Key Findings
Each year, the Corporate Executive Board surveys its midsized-company CFO’s to identify spending trends, specifically, Selling, General, and Administrative. See key trends from this year’s results below—taken from more than 100+ participating organizations.
- Midsized companies have increased Training & Development Budgets.Midsized companies have increased Learning & Development budgets by 17% across the past year, and Finance departments have re-invested in training, with a 20% increase from 2009 to 2010.
- 75% of midsized companies have invested in IT. Across the past year, IT CAPEX Spend has increased by more than 60%.
- Midsized companies have reduced their audit fees. Half of respondents were able to reduce their audit fees by an average of 16%.
- Marketing investments at midsized companies are increasing. Across the past year, marketing budgets have increased more than 15% on average, and marketing staffing levels have grown over 5%.