Developing executive compensation programs, which are competitive and effectively link pay to the success of the business, is a cornerstone of Effective Pay Practices' consulting philosophy. Additionally, shareholders, regulators, Sarbanes-Oxley, the Internal Revenue Service and other groups are intensely interested in executive pay.

Accordingly, Effective Pay Practices works with organizations in:

• Defining the competitive market place
• Developing compensation information (e.g., base salary, incentive values, executive benefits prevalence) for Boards and senior managers
• Establishing compensation programs that are relevant within the industry and, in the case of incentive compensation, linked to strategic business objectives
• Preparing plan documentation and communication materials

Compensation for non-employee directors has been increasing recently due largely to the passage of Sarbanes-Oxley, which puts directors/trustees and audit committees at more risk. Effective Pay Practices assesses these non-employee director compensation programs and recommends appropriate changes to assure they are consistent with the organization's pay strategy, reflective of the market sector and compatible with best practices.

Sample Compensation Committee Charter
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