In today's complex environment, healthcare, higher education and other non-profit trustees must attract and retain top leaders whose management will successfully advance the organization's mission. Establishing competitive, effective compensation and benefit programs help to obtain the desired results.
Trustees are acutely aware of the increased intrusion of regulatory compliance issues into executive compensation. This regulatory activity, coupled with intense public scrutiny, makes it essential that compensation and benefit levels, as well as the process by which they are determined, meet the various IRS requirements for committee independence and "rebuttable presumption".
The Yaffe process addresses all of these needs. The process utilizes customized regional and national survey data, complies with all IRS and other requirements for independence, accountability, disclosure and documentation. Consequently, executives are compensated competitively, and trustees can be secure in knowing that all regulatory requirements have been met.