Equilar Addresses Major Need for Nonprofit Compensation Benchmarking

Tue Jan 24, 2012 10:00am EST

* Reuters is not responsible for the content in this press release.

  REDWOOD CITY, CA, Jan 24 (MARKET WIRE) -- 
Equilar, the leading provider of executive compensation benchmarking and
research solutions, today announced the release of Equilar Insight
Nonprofit(TM), an innovative tool to help nonprofit organizations measure
and set compensation for executives and other senior professionals.

    Nonprofits face the challenge of balancing the competing interests of
acquiring and retaining top-tier talent while remaining accountable to
their members and donors. Additionally, nonprofits must comply with
strict legal requirements governing the size of pay packages. Until now,
nonprofit organizations have had to spend valuable time and scarce
resources to manually collect IRS 990 filings to retrieve this
information.

    "With this new step forward, we are responding to the clear needs of the
nonprofit community," said David Chun, CEO and founder of Equilar. "We're
proud to extend Equilar's commitment to data quality and ease-of-use to
the nonprofit space."

    Early clients of Equilar Insight Nonprofit include American Heart
Association, Inova Health System, and the American Society of Clinical
Oncology.

    "With Equilar Insight Nonprofit, what once took weeks to assemble can be
created within minutes," said Katherine Neverdousky, VP of Human
Resources at American Heart Association. "And since we can drill down
into the specific IRS Form 990s, we have absolute confidence in the
accuracy of the data."

    With Equilar Insight Nonprofit, organizations like hospitals,
universities, and charities can benchmark against up to 100 companies at
one time to ensure appropriate compensation levels for their top-paid
employees.

    For more information, visit www.equilar.com

    About Equilar
 Equilar's award-winning product suite is the gold standard
for benchmarking and tracking executive compensation, board compensation,
equity grants and award policies and compensation practices.

    Equilar products and custom research services enable corporations,
nonprofits, human capital consulting firms, law firms, investors,
individual executives, and the media to accurately compare pay packages
across thousands of public and nonprofit companies using SEC, Form 990,
and proprietary survey data.

    Equilar's research is cited frequently by Bloomberg, BusinessWeek,
Reuters, The New York Times, The Wall Street Journal and other leading
media outlets. Equilar (Redwood City, CA) has been recognized as one of
the fastest-growing private companies in America by Deloitte, Inc.
magazine, and the Silicon Valley Business Journal.

    

Media Contact
Nick Ezzo
Equilar
(650) 241-6677
nezzo@equilar.com  

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