Topics that will be discussed at this workshop
- Equity for non-family members: good, bad or a necessary idea
- Dealing with the IRS: the issue of Unreasonable Compensation
- Incentive compensation program, for executives and others
- Kids in the business: an opportunity to pay them well or get them on the cheap?
Mark Lipis created his own firm, Lipis Consulting, in 1992 after 15 years with Mercer,
KPMG, and Watson Wyatt. He advises public, private and not-for-profit organizations on all forms of
compensation. His clients range from NYSE corporations to start-ups. Every year he assists dozens
of privately-owned companies on a variety of compensation issues, including allegations of unreasonable
compensation by the IRS. He has been quoted by the Wall Street Journal, the Los Angeles Times, Los Angeles
Business Journal and Fortune magazine among others. He holds a BS from Wharton and an MBA from the University of Chicago.
Mark would like to narrow in his information and give our members the most relevant information, so he has asked the following questions:
- Are there particular issues the members would like me to cover?
- What are some of the issues that are most difficult for them to handle.
- Does your business have an ESOP?
- Do they provide equity to senior executives who are not family members?
- Do they have an outside Board of directors or advisers? If so, does that body get involved in pay decisions.
