Without a good pay and benefits structure, you can’t attract and retain the best employees. But devising a compensation strategy is tougher than it looks — many factors go into paying competitively without breaking the bank. One such factor is your compensation philosophy.
Topics: Budgets, Compensation, Uncategorized
Real estate industry CEOs and CFOs were the highest paid across eight major industry sectors during 2014, according to The BDO 600 CEO and CFO Pay Study. Last year, real estate CEOs and CFOs were the second most compensated, falling right behind executive leaders from the energy sector. The analysis was conducted by BDO’s dedicated Executive & HR Practice, and examined proxy statements of public real estate companies with annual revenues between $25 million to $1 billion.
Topics: Atlanta, CEO, CFO, Compensation, real estate, Uncategorized
In order to attract or retain the most competent and proficient person as an executive director, a nonprofit’s board of directors should consider level of compensation. How much is too much? What parameters classify reasonable compensation? Thankfully the IRS has put in place regulations to answer these very questions.
Topics: Compensation, IRS Regulation, Nonprofit, Salary, Tax, Uncategorized