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Stewart Consulting, LLC
Compensation Expertise, On Demand

When pay decisions get complex, partner with trusted advisors.

When HR wears many hats, compensation strategy rarely gets the attention it deserves. We help nonprofits, academic institutions, and growing businesses get compensation right — benchmarking, salary structures, pay equity, and total rewards strategy built for your organization.

Women at work

Know Where Your Pay Stands

See how your pay compares

Board-ready

Materials your Board will trust

Total Rewards View

Pay strategy, not just pay rates

How We Work

1 · Initial Conversation
A short call to understand your situation, scope, timing and priorities.

2 · Scope & Fee Agreement
A transparent fee structure, confirmed in advance of project launch.

3 · The Engagement
Benchmarking, pay equity, incentive design, or advisory work – delivered as scoped.

4 · Delivery & Support
We deliver results that are clear, actionable and ready to implement.

What We Do

We partner with executive leaders and Boards to build fair, competitive pay programs.

Services

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Board Advisory

Independent analysis for Boards.

  • Executive pay recommendations and assessments

  • Board-directed projects and IRS letters

  • Incentive plan reviews

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Pay Structure & Market Benchmarking

Credible comparisons for pay decisions.

  • Salary structure design

  • Market benchmarking and defensible pay

  • Talent attraction and retention

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Pay Equity & Total Rewards

Rewards that reflect the full value of the work.

  • Pay equity reviews

  • Total rewards strategy

  • Competitive, well-rounded rewards

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Incentive Plan Design

Short- and long-term incentive plans that drive results.

  • Aligned with organizational goals

  • Tied to financial priorities

  • Focused on mission-critical outcomes

Every compensation challenge is a little different.

Let’s have a conversation and find out how we can help.

Our Clients

Expert, flexible compensation support for organizations with limited staff or budget.

Who We Serve

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Nonprofits

Guidance for nonprofit pay decisions:

  • Mission-aligned pay programs

  • Executive pay guidance for leadership or Board-directed review

  • IRS compensation letters

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Education & Universities

Support for schools, colleges, universities, and HBCUs:

  • Pay equity and market pay reviews

  • Labor agreement cost analysis

  • Salary structures and career paths

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Growing Businesses

Strategies for confident growth:

  • Scalable salary structures and career paths

  • Bonus and incentive plan development

  • Total Rewards that attract and retain talent

What We Do

Services

We partner with executive leaders and Boards to build fair, competitive pay programs.

Nonprofit board reviews compensation reports.png
Board Advisory

Independent analysis for Boards.

  • Executive pay recommendations and assessments

  • Board-directed projects and IRS letters

  • Incentive plan reviews

report
Pay Structure & Market Benchmarking

Credible comparisons for pay decisions.

  • Salary structure design

  • Market benchmarking and defensible pay

  • Talent attraction and retention

writing a report
Pay Equity & Total Rewards

Rewards that reflect the full value of the work.

  • Pay equity reviews

  • Total rewards strategy

  • Competitive, well-rounded rewards

computer
Incentive Plan Design

Short- and long-term incentive plans that drive results.

  • Aligned with organizational goals

  • Tied to financial priorities

  • Focused on mission-critical outcomes

How We
Work

1 · Initial Conversation
A short call to understand your situation, scope, timing and priorities.

2 · Scope & Fee Agreement
A transparent fee structure, confirmed in advance of project launch.

3 · The Engagement
Benchmarking, pay equity, incentive design, or advisory work – delivered as scoped.

4 · Delivery & Support
We deliver results that are clear, actionable and ready to implement.

charts
Our Clients

Who We Serve

Expert, flexible compensation support for organizations with limited staff or budget.

packages for compensation
Nonprofits

Guidance for nonprofit pay decisions:

  • Mission-aligned pay programs

  • Executive pay guidance for leadership or Board-directed review

  • IRS compensation letters

colleges
Education & Universities

Support for schools, colleges, universities, and HBCUs:

  • Pay equity and market pay reviews

  • Labor agreement cost analysis

  • Salary structures and career paths

computer
Growing Businesses

Strategies for confident growth:

  • Scalable salary structures and career paths

  • Bonus and incentive plan development

  • Total Rewards that attract and retain talent
     

Every compensation challenge is a little different.

Let’s have a conversation and find out how we can help.

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University Campus View

What's New

CompEquity Logo

HBCU Senior Leadership Total Cash Compensation Survey

Senior Leadership Total Cash Compensation Survey - developed exclusively for HBCUs to provide credible, confidential data for evaluating senior leadership pay.

reports
Benchmark Data
Pay benchmarks for 15 roles.
  • Base salary benchmarks

  • Total cash compensation

  • Confidential HBCU-only data

Peer Comparison
Peer Comparisons
See how your institution compares.
  • By enrollment size

  • By operating budget

  • By public or private status

repoerts
Findings & Briefing
Results your team can act on.
  • Key findings summary

  • Participate-only briefing

  • Recruitment & Board support

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Supporting HBCU Success:

A portion of the firm's profits from this survey is donated to organizations that support HBCU students, faculty, and institutional success.

Who You'll Work With

Our Team

At Stewart Consulting, we bring senior-level compensation expertise directly to the organizations that need it most. Our team combines decades of executive advisory experience with deep financial acumen — delivering practical, independent guidance that leaders and Boards can act on with confidence.

Ted Stewart

President & Owner
Ted Stewart

Ted brings more than 40 years of experience in total rewards leadership to Stewart Consulting. He advises executives and Boards across the corporate, nonprofit, and education sectors, including HBCUs, on executive compensation, salary structures, incentive plans, pay equity, and governance.
 

His career includes senior roles with Booz Allen Hamilton, Discovery Communications, Scripps Networks Interactive, New York Life Insurance, and BMG/Sony Entertainment.
 

B.S., Business Management, Saint Peter's University

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Ted Stewart | LinkedIn

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Victoria Ghafoor, CPA

Principal
Victoria Ghafoor

Victoria brings more than 15 years of experience in financial planning, audit, and organizational development.

A CPA with corporate and advisory experience, she understands how financial strategy and talent decisions intersect, translating complex data into practical, defensible compensation guidance.
 

M.S., Accounting and B.S., Business Management, Babson College

Get In Touch

Contact

Whether you are preparing for a Board compensation review, rethinking your salary structure, or simply want a second opinion on where your pay stands, we would like to hear from you. Reach out by email or phone — your inquiry goes straight to a principal who knows the work, not an intake bot.

Email:

Ted Stewart:  Ted@StewartLLC.org

Victoria Ghafoor:  Victoria@StewartLLC.org

Telephone:   (410) 992-5568

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Contact us

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