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Executive Compensation

Designing defensible, competitive pay packages for presidents, chancellors, cabinet-level leaders, and senior administrators in higher education.

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The Service

Leadership Pay That Stands Up to Scrutiny

Part of Job Classification & Compensation

Executive compensation in higher education is uniquely complex. Boards of trustees, compensation committees, governance bodies, and public reporting requirements all shape the framework — and any misstep can become a headline.

McKnight HR builds executive pay programs that are competitive in the talent market, aligned with institutional mission, and defensible under every form of review — IRS intermediate sanctions, IRS Form 990 disclosures, accreditation examinations, and public scrutiny.

What Defines Sound Executive Pay

Peer Benchmarking

Rigorous comparison against a custom peer group — drawn from institutions of similar size, mission, geography, and complexity.

Governance Alignment

Structures that support the compensation committee’s fiduciary role and provide clear documentation for board-level decisions.

Regulatory Compliance

IRS intermediate sanctions, reasonable compensation standards, and state-level public disclosure requirements built in from day one.

What's Included

Service Deliverables

Peer Group Development

Customized peer institution list with rationale and data sources documented for compensation committee review.

Market Analysis

Comprehensive benchmarking across base salary, incentive pay, deferred compensation, and executive benefits.

Pay Package Design

Recommendations for base, variable, and long-term compensation components aligned with strategic priorities.

Committee Support

Executive summary materials, presentation decks, and facilitation support for compensation committee meetings.

Governance Documentation

Written compensation philosophy, charter updates, and reasonable compensation documentation for IRS and audit purposes.

Contract Review

Employment agreement analysis, severance structure review, and change-in-control provision benchmarking.

Explore Related Areas

Job Classification & Total Compensation

The broader framework for institution-wide compensation systems — faculty, staff, and executives.

Faculty Compensation

Rank-based structures, promotion pathways, and equity analysis for faculty compensation.

Preparing for a Compensation Committee Review?

Let’s talk about how we can support your governance process.