AGB Search offers the Compensation Evaluation Service (CES) to help our clients establish appropriate and effective compensation levels for top institutional leaders. Colleges and universities must be judicious in approaching executive pay to attract and retain top talent, as well as stand up to scrutiny.
There is significant movement at the presidential level, so institutions must be prepared to offer attractive compensation packages. This is a critical time to evaluate presidential compensation levels against both peer and aspirant groups not only to gauge competitiveness, but also to determine what a new president could command. This is also an opportune time for presidents to assess the compensation of their Cabinet.
It is recommended that institiutions conduct compensation evaluations approximately every four to five years, allowing for a smoother, more efficient hiring process by having current data in hand.
Using the College and University Professional Association for Human Resources (CUPA-HR) data on higher education compensation, the CES helps institutions set executive pay and benefits at sound and competitive levels.
The customized CES analysis and report includes:
If requested, the CES can also provide:
The CES report is provided at a competitive price, in accordance with the institution’s budget.
To discuss how the CES can help your institution, contact Alan Crist, Ph.D., at 608.695.0217.
“The AGB Search/CUPA-HR team was great to work with and got us the information within a very tight deadline.”
“We found their methodology to be very comprehensive, and their process both flexible and responsiveness. Most importantly--the breadth, depth and quality of the products and advice they provided was extremely invaluable to our Compensation Committee and Board--not only in helping us assess presidential compensation, but also in helping us refine our executive compensation and related governance processes.”
“We have found it very valuable to receive benefits and compensation information from AGB Search’s Compensation Evaluation Service during our efforts to attract and retain strong talent, while adhering to our fiduciary responsibilities.”
“Our Board thought it was important to seek outside guidance on …compensation and benefits for our CEO. The AGB Search CES helped to find the right peer group and aspirational peer group to support suitable recommendations.”
CES gives higher education leaders the reliable, third-party analysis they need to ensure their institutions are protected and attract top-notch leadership.
Research shows women and communities of color in higher education leadership are disproportionately underpaid. CES can help institutions bridge the gap in pay for women and people of color.
AGB Search’s Compensation Evaluation Service is affordable and timely, with reports returned to Boards within three to four weeks of a signed letter of engagement.
Interim Director of the Compensation Evaluation Service and Executive Search Consultant