Today more than ever, the most accurate and correct compensation (pay and benefits) for executives can be a crucial determinant in your organization’s success. Some amount of deviation from “correct” compensation may, of course, be tolerable, but in the long run a successful company is one that pays its executives the right level of compensation, and the right mix.
Touchstone Consulting has virtually eliminated guesswork from the process of assigning executive compensation. Our proprietary Total Executive Compensation(SM) (“TEC”) uses actuarial methodology and mathematical techniques based on logarithmic regression analysis.
TEC analysis assists a company to develop or restructure its executive compensation programs with competitiveness in mind. Moreover, the package will “fit” a company’s corporate culture, market position and goals. Our guidance in developing a company profile will be essential in accomplishing this fit.
Your company profile will help to answer such questions as:
TEC analysis should be integral to the establishment or periodic review of executive compensation programs.
Additional executive compensation/benefit services we offer focus in the following areas: