Presentation Title - American Fraternal Alliance
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Strategies for Incentive Compensation • Need to Develop Programs With Eye Toward Desired Behaviors and Results • Need to Balance Short and Long-term Objectives • Need to Protect the Organization in Design and Documentation – Plan should be clearly communicated in writing – Plan should establish clear measures and procedures for determining awards and payout procedures – Plan should clarify procedures in the event of termination of employment and other events ©2011 All Rights Reserved Reinhart Boerner Van Deuren s.c.
Board Policies • Best practices developed by Panel on the Non-Profit Sector, Sarbanes Oxley, and other sources • Many best practices now incorporated into Form 990 • What policies should fraternal boards consider? ©2011 All Rights Reserved Reinhart Boerner Van Deuren s.c.
Magazine: Presentation Title - American Fraternal Alliance