Compensation Consulting

Structuring Compensation Arrangements to Maximize the Economic Benefits for both the Institution and the Employee

 

 

  

Whether someone has Excess Compensation that they don’t need for current living expenses or they have Deferred Compensation plans and would like to avoid having to claim those deferred dollars as taxable income when they vest, we can help.

 

 

What role do we play?

  • Non-Profit Compensation Design Consultants 

 

What do we provide?

  • Total Compensation Package Design for highly   compensated employee
  • Education on financial techniques that can help institutions Attract, Reward and Retain Key Employees
  • Consulting for Key Employees
  • Financial, Retirement and Estate
  • Buyout Structuring/ Severance Planning
  • Retention Incentives
  • Employee education on how to maximize tax reduction opportunities
  • Preferential compensation arrangements for key employees
  • Benchmarking comparisons
  • Contract financial design facilitation
  • Design, Implement and Monitor

 

What financial strategies do we use? 

  • Non-Cash Preferential Arrangements
  • Non-Cash Alternatives
  • Supplemental Benefits
  • Compensation and Benefit Services
  • Supplemental Deferred Compensation
  • Supplemental Insurance Plans
  • Additional Pre-Tax programs

 

 

We have access to and routinely bring in Certified Financial Planners, CPA’s, Attorneys, Tax Attorneys, Chartered Financial Analysts and Pension Consultants as part of the review and design process.

We coordinate and work with almost all of the major investment, insurance and annuity providers in the higher education marketplace including TIAA CREF, Fidelity, Valic, Hartford, Lincoln, etc.

 

Process

 

Step 1:  Initial Assessment

Evaluate the programs that are currently in place

Determine the goals of the institution

Determine the goals of the key employees

 

Step 2:  Research

Research the marketplace for innovative product solutions

Research the current tax laws and environment for changes and opportunities

 

Step 3:  Present Potential Solutions

Customize potential solutions that ultimately meet the goals of both the institution and the individual by incorporating the latest tax law opportunities and product innovations

Review the pro’s and con’s of each potential solution

 

Step 4: Implementation

Determine an implementation timeline

Lead the implementation process

 

Step 5:  Ongoing Review

Continually monitor the tax law environment, products and goals of the institution and the key employees