IFM Group

IFM Group has developed a very disciplined approach and methodology to help boards meet those needs and to educate them through gathering data on competitive practices, base-line standards, and approaches now being used in other similar organizations to compensate their key executives, and presenting the results in a fashion which educates, documen... ts, and validates compensation strategy and compensation components for the individuals being benchmarked. We utilize several national and regional compensation databases as well as publicly available proxies and documents, our own sources as applicable, and our knowledge gained from our work with clients , particularly in New Jersey and the Northeast, to review and benchmark both annual salary and total cash compensation for each position. The process compares competitive salary and total cash compensation information for each position with the existing level of salary and incentive compensation, as applicable, in dollar terms and percentage, as well as detailing equity allocations and awards, deferred compensation arrangements, and employment contract prevalence and provisions. Our report methodology, proprietary, is particularly useful as it summarizes results in an easy to understand manner, yet unlike many other consulting firms develops a customized peer group of similar companies, and fully documents the data and each work-step used in developing the final conclusions and recommendations, thereby permitting both process and data used to be understood and validated and to serve as an educational tool.Read More