Not-For-Profit Executive Compensation
We advise boards of trustees and their compensation committees on many of the same issues that confront for-profit companies. With scrutiny of non-profit executive compensation intensifying, boards of trustees have a duty to ensure that their compensation programs are reasonable and defensible. Our services to not-for-profit boards and compensation committees include:
- Compensation committee charter preparation and review
- Executive compensation strategy, philosophy and guiding principles
- Peer group development
- Collection and analysis of competitive compensation data including peer group data
- Processes to ensure "rebuttable presumption" of the reasonableness of compensation under Internal Revenue Code Section 4958
- Base salary plan development and administration
- Review of employee benefit levels and perquisites
- Review of possible use of incentive compensation
- Employment agreements
- Severance policies
- On-going advice and counsel