VEChannel Event Profile

Intermediate Sanctions Webinar

Taxexempt organizations need to be concerned about their liabilities under the new IRS intermediate sanctions regulations. Executives and managers (including Human Resources managers) are subject to large penalties if a nonprofits executive compensation is found to be excessive. For instance, Executive pay must be in line with that of similar organizations. Find out about these new intermediate sanctions regulations, how they apply to you, and what you can do to protect yourself and your nonprofit organization, including: The essentials of intermediate sanctions regulations What excess benefit transactions are Penalties for noncompliance Who is affected Criteria for Section 162 determination of reasonableness Reasonable compensation factors for nonprofit organizations executives The "Safe Harbor" approach to intermediate sanctions Attendees Receive: Executive Compensation Software: Youll receive a free demo edition of ERIs Executive Compensation Assessor software for taxexempt entities. This is one of the tools IRS offices use to determine reasonable compensation levels for executive employees in nonprofit organizations. This software provides maximum reasonable compensation estimates based on position title, industry, organization size in revenue, and salary planning date. Reliability statistics, including rate of error and population size, are provided so that this executive compensation data will hold up to court challenge. In addition, this intermediate sanctions software lets you review raw executive pay data from comparable companies, including Form 990s from taxexempt organiations and proxy reports from forprofit companies. Intermediate Sanctions PowerPoint Presentation: Interested attendees will be emailed the PowerPoint slideshow from this webinar to use for staff and board member training. Continuing Education Credit: Earn PHR, SPHR, CCP, CBP, or GRP recertification credit. Or earn one JCA credit towards your Job and Compensation Analyst credential This webinar qualifies for: 1/8 of a recertification credit for the Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP) designations granted by WorldatWork Society of Certified Professionals. 1 PHR or SPHR credit hour toward your PHR or SPHR recertification 1 JCA credit hour towards your Job and Compensation Analyst certification Instructors Bio Martin Kenny, Compensation Consultant Martin Kenny has over 25 years of experience in compensation consulting, including the design and implementation of a wide range of compensation programs. Currently the Managing Director of Baker, Thomsen Associates Newport Beach office, he has advised over 100 public and privatesector organizations on job analysis, compensation plan design, performance appraisal systems, supervisory and management development, organizational analysis, and the development of personnel systems. An experienced educator, he has developed and presented seminars on topics including incentive compensation, job analysis, executive compensation, performance management, and goal setting. Prior to entering consulting, Mr. Kenny was Manager of Compensation for the State of Oregon and directed compensation for Union Pacific Corporation and SeattleFirst National Bank. He has also served as an expert witness in compensation matters before U.S. Federal and California State Courts. Mr. Kenny holds a Masters Degree in Personnel and Industrial Relations from the University of Oregon.

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