Executive and director compensation in ESOP companies raises complex issues, from S corporation anti-abuse rules to ESOP trustee and company board duties. There is no simple solution to compensation in ESOP companies, of course. This book, however, provides a guide to the legal, financial, fiduciary, and tax issues involved with various compensation strategies. It also provides best-practice guidelines for how to set executive and director pay. Chapters 1 through 7 cover legal, fiduciary, valuation, and S corporation issues, plus sharing equity and using compensation studies. Chapter 8 discusses compensation for outside board members. The final chapter then provides a detailed report on the NCEO's 2020 survey of executive compensation in ESOP companies, while also pulling in complementary information from the 2016 NCEO survey. The combined data provide a detailed picture of the forms and size of compensation being used in ESOP companies.
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