Real Estate Compensation Consulting

Services for Real Estate Companies

Align compensation with individual, team, and corporate performance with our market-driven analysis and customized plans

Compensation Benchmarking and Plan Design

Compensation is an art as well as a science. Effective compensation decisions must manage within a framework of enterprise and/or interests. This framework guides the successful application of current market data, proven analytical tools, sound methodologies, and strategic context, enabling our clients to:

Long-term Incentive Strategies

It can be challenging to design and implement effective plans which motivate and retain employees, set high achievement standards, provide appropriate market levels of financial opportunity, align with the goals of the company/shareholders, and allow for flexibility in a rapidly changing business environment. Come to us for creative and insightful process creation regarding the development and implementation of new incentive programs as we:

Executive Compensation Review and Governance

Compensation governance, whether mandated by regulatory bodies or as directed by owners/shareholders, requires a disciplined approach to establish an appropriate peer group, define the proper compensation benchmark, and determine compensation awards. Our insightful and hands-on experience support Compensation Committees and Boards of Directors in assuring compliance and achieving consensus among leadership/owners. We will:

Board of Director Compensation Program Design

It is essential to define appropriate compensation levels and incentive programs for members of a Board of Directors in public or private real estate organizations. These members have varying roles: in public companies, outside members dominate with significant roles in the monitoring and oversight of all aspects of the company as well as having roles on key Committees; in private companies, outside Board members often have a lesser role. Regardless of the situation, designing appropriate Board of Director compensation requires a full understanding of the dynamics of control and governance as well as the duties, responsibilities and risks associated with Board membership. Our work would entail the following:

Performance Metrics and Benchmarking

Designating the metrics used to define and benchmark performance are key to monitoring the correlation between performance outcome and incentive compensation. Performance metrics themselves need adaptability, adjusting to the issues, economic circumstances, and risks that impact markets and the company. These metrics must not only be fair, their measurement and corresponding potential compensation award should be agreed upon between the executive and Board of Directors/Owners in order for a program to be creditable. Absolute and relative performance (vs. a peer group) measurement is an ideal structure but usually can be established only with public companies.

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