How does your institution’s employee pay compare to its competitors and its peers? The employment market is more transparent. There is more information. Executives and employees alike tap this. Young & Associates, Inc. can study your pay strategies and do comparisons. For executives, especially Presidents, we can do this for similar financial performances.
Young & Associates, Inc.’s Pay Studies include:
- Executive and Board Pay
- Examine or create compensation policies regarding pay
- Determine appropriateness of compensation relative to performance and the marketplace
- Analyze third-party studies or perform independent study (using SEC filings)
- Design and implement compensation programs (e.g., long-term incentives, change in control agreements)
- Research the types and levels of fringe benefits
- Determine the weighting of compensation elements (i.e., fringe benefits versus other compensation)
- Employee Pay
- Look at third-party studies or perform independent study
- Evaluate jobs straddling two or more different job functions
- Recommend factors that should affect compensation
- Research the competitiveness of employee-wide benefit plans