Independent school boards are compelled to offer a competitive compensation package to either attract their next Head of School or retain their current one. While doing that, the board also has to insure that this compensation package is in compliance with IRS regulations. Do you know what those regulations are and what factors should be taken into consideration when determining salary, incentives, deferred compensation, etc? Has your board approved a compensation policy statement that will frame the parameters for the Head’s compensation package? Hugh Mallon has been helping independent schools for over 20 years create Head of School compensation packages that are in compliance with IRS regulations. He will share with you best practices on how to approach the is important board responsibility.
Presented by Hugh Mallon, President, Executive Compensation Concepts