Executive compensation is the amount paid to Executives, such as CEO’s and CFO’s, based on a series of factors and financial details. This amount is typically determined by a combination of salary, stocks, shares, options, benefits, and bonuses, as well as tax laws, government rules and regulations, and the standards set by each individual company or organization.
Like any situation involving wages and employment, executive compensation may become the subject of litigation. The issue of regulatory compliance becomes a very important factor, as the law requires that each executive’s pay and other monetary benefits follow a set standard put in place as a way of preventing financial abuse.
An executive compensation expert witness may be certified in benefits, compensation, remuneration, and financial analysis. It is important that an expert witness in this area be familiar with the inner workings and structure of how a company operates in terms of salary and benefits for both the employees, board of directors, and executives. A qualified executive compensation expert witness should have experience with the reasonableness of compensation regarding insurance, stock options, salary adjustments, competitive pay and benefits, lost wages and benefits, and wage discrimination.
Executive compensation can be a very complex issue, as there are a lot of laws, rules, and regulations to consider when it is the subject of a legal matter. It is important in such situations to find an expert that meets the qualifications you are looking for in terms of the right expertise. ForensisGroup offers a vast selection of highly qualified executive compensation expert witnesses with thorough backgrounds of experience and knowledge. Submit an expert request form or start looking through our selection and call us to find the expert that’s right for your particular case.