Executive Careers

Executive Compensation Consultant

Look at Executive Compensation

The highest paid senior executive jobs and top management positions are usually paid more than six times those, which are the lowest paying employee.
 
According to a report from the Institute for Policy Studies, the ratio of standard executive compensation consultant to employee income increased from 301:1 in 2003 to 431:1 in 2004. If the minimum wage had risen as speedily as executive wages have since 1990, it would stand at $23.03 an hour rather than $5.15. The statement concludes that executives for military contractors profiting from the Iraq conflict are experiencing highest salary increases.

We need to remember however, that such professional and executive positions are salaried and do not have laws about working hours. Executive search firms search for executive positions from $125,000 to $1 million +. Competition for such highly paid jobs is hard.

New Nonprofit Executive Compensation Database

Because of the increased governmental regulation of executive compensation, nonprofits need to be able to document the compensation comparability data that they rely upon when determining executive compensation. As a result, a new database that provides a thorough list of executive compensation consultant for nonprofit organizations has been introduced.
 
The Internal Revenue Service (IRS) has been aggressively making thousands of "compliance checks" of tax-exempt organizations regarding the procedures used to determine executive compensation. The breadth of information now sought by IRS agents is remarkable.
 
Agents are seeking detailed evidence on informed decision-making regarding how and when board members acquired and utilized executive compensation consultant comparability data. IRS agents are even instructed to seek evidence regarding the variance between the compensation paid and the compensation comparability data relied upon.

At the request of the IRS, to assist in analyzing issues relating to executive compensation within 501(c)(3) organizations and to satisfy the needs of executive compensation consultants and board committees, Money-making Research Institute (ERI) created the Compensation Comparables Assessor™ (CA+) software.

CA+ contains advanced search features that are particularly valuable to federal and state regulators, as well as information that executive compensation consultants, nonprofit executives and nonprofit board members can benefit from. CA+ provides subscribers with the ability to analyze the entire universe of Form 990 executive compensation data for selected periods. CA+ is a user-friendly software program. The user simply selects a position, NTEE code, organization size and geographic area in order to analyze peer groups.

Executive pay law 'nightmare' on Wall St Financial Times S&P 500 chief executives last year received median pay packages of $7.5m, according to executive compensation research firm Equilar. ... and more »

Executive Compensation And Corporate Governance Provisions The Metropolitan Coporate Counsel 1 While the Act primarily relates to reform of business practices of financial institutions, it also contains extensive provisions on executive compensation ... and more »

Aim directors' pay outstrips average Financial Times The basic pay of Aim chief executives rose to an average £203191, according to a review of executive compensation by pay specialists Incomes Data Services. ... and more »

Corporate lawyer James Mercer talked to local business executives last month about how to comply with new changes in executive compensation law.
 
The following are highlights from Federal Reserve Chairman Ben Bernanke's testimony on Thursday to the Financial Crisis Inquiry Commission on the problem of financial institutions that are "too big too fail."