Issue link: http://read.dmtmag.com/i/144441
• Employees have to work a mean of 9.5 months to become eligible for the retirement plan, if offered. • Many (52%) are vested immediately, while 16% are fully vested in five years, 8% after three years, 11% are on some graduated partial vesting schedule, and 13% have other plan terms. Other Benefits Professional membership dues, mobile/cellular phone purchase and monthly fees are provided to at least two-thirds of CEOs. Half are reimbursed for professional license/credentials, and more than one-third are provided time off for external volunteer activities and maternity or paternity leave. Chief Staff Officer Role The chief staff officer typically carries the title Executive Director (52%), and sometimes CEO/President (25%), EVP (8%), or another title (15%). • The most common arrangement is a formal contract with the organization (51%), followed by a verbal agreement (24%), or an informal letter of agreement (16%). Written contracts cover a mean of 2.6 years. • Most (71% ) are required to have a formal performance review and 57% report that compensation is based on comparable salary /benefits data/benchmarks. • Most performance reviews (66%) are conducted by the Executive Committee rather than a special committee, chief elected/appointed officer, or the overall Board. • The most common bases for evaluation are performance objectives (84%) and job description (74%). • Two-thirds (66%) have a termination clause, with almost all of them (61% of all respondents) reporting that it includes termination by the employee. Fewer (41%) report a severance clause and 29% of all respondents have salary paid for a set time (a mean of 16.7 weeks). UPCOMING EVENTS MSAE/LSAE Joint Conference October 14 - 16, 2013 Harrah's New Orleans MSAE 2013 Lunch & Learn July 24, 2013 Sept. 18, 2013 Nov. 20, 2013 * Cocktails & Conversations the Tuesday preceding each Lunch & Learn SUMMER 2013 | CONNECTIONS 23