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Board of Directors Compensation Consulting

Align Your
Board of Directors Compensation

With Your Organization’s
Strategic Goals
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Why Board Compensation Matters

The role of board members has become increasingly complex, demanding, and pivotal to organizational success. Directors are more than figureheads – they are strategic partners responsible for guiding organizations through various challenges, from regulatory compliance to technological disruption.

To attract and retain top talent, it’s crucial to offer competitive compensation packages that reflect the value and expertise board members bring to the table. TCS’s Board of Directors Compensation Consulting service is designed to help your organization optimize board compensation strategies so that you can attract and retain the most capable directors in your industry.

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About our
Board of Directors Survey

How We Can Help

At TCS, we understand the challenges surrounding board compensation and governance. With over 30 years of experience working with public, and private organizations, we offer expert guidance to ensure your board compensation practices are competitive, appropriate, and aligned with good governance principles. Through our services, we help organizations:

Benchmark board compensation to be competitive and aligned with industry standards.
Ensure regulatory compliance, including adherence to state and Federal laws and guidelines.
Obtain expert advice and insights to address board compensation challenges and optimize your compensation programs.
Design effective compensation plans, considering retainers, per meeting fees, committee retainers, and committee fees as well as alternative pay strategies.
Review governance practices, committee charters, and policies to ensure they align with evolving board roles and responsibilities.

Who We Work With

We work with a diverse group of clients in for-profit and nonprofit sectors across various industries with revenues ranging from $5 million to $5 billion.
Our expertise spans all sectors, with a focus on the following:

Insurance
Enhance your board's performance and level of engagement by offering comprehensive retainers and per meeting fees tailored to insurance industry demands.
Senior Living
Design reward systems that attract highly experienced directors who know and understand your business and who can navigate the challenges in the senior living industry.
Not for Profit
Inspire board oversight with mission-driven compensation plans, ensuring your board is motivated and rewarded for providing a positive impact within the nonprofit setting.
Biotech
Foster innovative oversight and drive scientific advancements with meaningful retainers, fees, and equity programs, that position your board to lead in the biotech industry.
Healthcare
Use board compensation to attract influential leaders who will oversee and uphold ethical standards, drive strategic initiatives, and help ensure the delivery of high-quality care to patients.
Financial Services
Attract, motivate and retain skilled and experienced directors in the competitive financial services industry with our comprehensive compensation solutions.

Our Strategic Approach

We use a comprehensive approach to Board of Directors’ compensation, ensuring that retainers, per meeting fees, and equity plans
align with your organization’s goals and industry standards. Our methodology involves:

01
Needs Assessment
We assess your needs and challenges, including board structure, composition, responsibilities, and industry-specific requirements.
02
Data Analysis
We leverage our extensive database and industry benchmarks to analyze key metrics such as board size, retainers, per-meeting fees, and committee compensation.
03
Strategy
Development
Drawing on our expertise and market insights, we develop customized compensation strategies that reflect best practices in your industry and tailored to your Board’s needs.
04
Implementation Support
We provide hands-on support to help you implement the Board of Directors’ compensation plan effectively and communicate it clearly to your board members and other stakeholders.

Build an Effective Board Compensation Plan Today.

Ready to design a competitive board compensation structure that attracts experienced and engaged board members while recognizing their opportunity costs? Contact our advisors today to learn more about how we can help develop a successful board compensation program tailored to your organization’s needs as well as the needs of prospective board members.

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