Executive Compensation Services

Compensation Services

Executive Compensation

Independent, third-party assessment of the reasonableness and market competitiveness of total rewards (base salary, annual incentives, long-term incentives, perks, and retirement compensation) for employees in public, private, and not-for-profit organizations.

Employee Compensation

Independent, third-party assessment of the reasonableness and market competitiveness of total rewards (base salary and annual incentives) for employees in public, private, and not-for-profit organizations.

L&A also analyzes base salary structures, conducts Job Ranking & Classification studies, and determines total cash compensation plans for organizations.

Board of Director Compensation

Review, revise, or design outside board of director compensation for public, private, or not-for-profit organizations.

Recommend amounts and elements of compensation that are market competitive and ensure that pay governance is aligned with shareholder interests.

Not-for-Profit Compensation

Independent, third-party assessment of the reasonableness and market competitiveness of total rewards (base salary, annual incentives, and retirement benefits) for employees in not-for-profit organizations.

Pay-for-Performance Analysis

Independent analysis of a company’s performance across a variety of financial measures as compared to total rewards for the company’s executives.

Compensation Discussion & Analysis 

In order to incorporate best practices to provide optimal clarity and ensure SEC compliance, L&A will review and draft a company's CD&A.

Incentive Plans

Annual Incentive Plan Design

Longnecker & Associates excels at designing incentive plans or recommending the restructuring of annual incentive programs to maximize shareholder wealth while providing the greatest benefit to employees.

Plan features and recommendations often include formula vs. discretion targets, thresholds, maximums, payout timing, vehicles, plan metrics, etc.

Draft plan documents and communication documents.

Long-term Incentive Plan Design

Design or recommend the restructuring of long-term incentive programs for public, private, and not-for-profit organizations.

Plan features and recommendations often include appropriate vehicles, target amounts, vesting, timing of awards, overhang analysis, run-rate analysis, financial modeling, etc.

Draft plan documents and communication documents.

Litigation Support

L&A, specifically Mr. Longnecker, serves an expert witness to determine reasonable compensation in public, private and not-for-profit organizations.

Advisory Services

Corporate Governance 

Develop board of director governance checklist.

Develop and incorporate board of director governance strategies.

Develop committee charters.

Board of director performance evaluations.

Employment Agreements

Review, revise, or draft employment agreements for key employees.

Recommend specific provisions such as termination, change-in-control, death, disability, retirement, and renewal that are market competitive and optically reasonable.