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 the following:
- Tax laws
- Government rules and regulations
- 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 the following:
- 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 the following:
- Stock options
- Salary adjustments
- Competitive pay and benefits
- Lost wages and benefits
- 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.
In the event you are unable to locate a suitable Executive Compensation Expert Witness for your case, ForensisGroup is a full-service Expert Witness Referral Company.
Our commitment to knowing each expert and what makes them perfect for your case will save you and your clients time and money while providing peace of mind.
Trusted by more than 20,000 clients and serving 30,000 cases nationwide, we’ll connect you with the best and right Executive Compensation Expert so you can focus on your case preparation and trial.