Impacts of financial decisions
CLA Releases LeadingAge-CEMO Study Examining Executive Compensation
Minneapolis — February 5, 2016 — CliftonLarsonAllen (CLA) recently released the 2015 LeadingAge-Chief Executives of Multisite Organizations (CEMO) Executive Compensation Study. More than 129 multi-site organizations were surveyed as part of the study, which provides multi-site aging service organizations with data on executive compensation trends, practices, and levels.
“Staying relevant and competitive in a fast moving and changing environment is critical to an organization’s success,” commented LeadingAge president and CEO Katie Smith Sloan. “The data from the Executive Compensation Study can help ensure that organizations remain current with benchmarks for compensation in the field as they work to advance their missions. I encourage you to take advantage of this study that is unique to our field.”
The 2015 study outlines compensation and other employment practices of multisite aging services organizations throughout the country. The data covers more than 15 key executive positions and includes analysis on salary, total cash compensation, and total salary including benefits, incentive plan utilization and targets, benefit plan incidence, regression analysis for compensation based on an organization’s revenue, and governance-related survey data regarding compensation practices.
“Succession planning and incentive compensation should be among the top priorities of senior living organizations across the country,” said Mario Mckenzie, a health care partner with CLA. “The LeadingAge-CEMO study provides organizations the opportunity to see where they stand among their counterparts. It is designed to assist boards and top management in benchmarking the relative competitiveness of current planned executive compensation programs.”
Order the 2015 LeadingAge-CEMO Executive Compensation Study and view the associated trends and best practices report at CLAconnect.com/CEMO15/.
The mission of LeadingAge is to expand the world of possibilities for aging. Our 6,000+ members and partners include not-for-profit organizations representing the entire field of aging services, 39 state partners, hundreds of businesses, consumer groups, foundations and research partners. LeadingAge is also a part of the International Association of Homes and Services for the Aging, whose membership spans 30 countries. LeadingAge is a 501(c)(3) tax-exempt charitable organization focused on education, advocacy and applied research.
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 6,100 people, 120 U.S. locations and a global affiliation, we promise to know you and help you. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.