Advanced Executive Compensation

3 units

Attracting the right executives to the right jobs at the right companies is not always an easy task, even in today's challenging economy. A well designed compensation package that provides the right mix of salary, benefits, and short and long term incentives, will assist your corporate clients in recruiting, retaining and rewarding top executive talent. During this course, you will learn to: (1) define employer and executive objectives, (2) use various types of plan designs (equity plans, traditional non-qualified deferred compensation plans, insurance funded plans) to meet those objectives, (3) understand the advantages and disadvantages of each type of plan design and be able to communicate them to your client, (4) informally finance the plan, if necessary, to create winning solutions for your client. We will also discuss the constraints based on these plans by the Internal Revenue Code and ERISA. Through the use of a case study, students will have the opportunity to apply what they learn by designing a compensation package for a new client. [JD students will receive a letter grade, which will not calculate into their JD GPA. JD students interested in taking this course must receive special permission from Professor Narkiewicz and risk being dropped from the class without this permission. The request form is located at: http://law.wustl.edu/Registrar/forms/PermissionJDtotakeGraduateTaxCourse2014.pdf]