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.

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

Board Advisory
Independent analysis for Boards.
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Executive pay recommendations and assessments
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Board-directed projects and IRS letters
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Incentive plan reviews

Pay Structure & Market Benchmarking
Credible comparisons for pay decisions.
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Salary structure design
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Market benchmarking and defensible pay
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Talent attraction and retention

Pay Equity & Total Rewards
Rewards that reflect the full value of the work.
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Pay equity reviews
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Total rewards strategy
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Competitive, well-rounded rewards

Incentive Plan Design
Short- and long-term incentive plans that drive results.
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Aligned with organizational goals
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Tied to financial priorities
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Focused on mission-critical outcomes
Our Clients
Expert, flexible compensation support for organizations with limited staff or budget.
Who We Serve

Nonprofits
Guidance for nonprofit pay decisions:
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Mission-aligned pay programs
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Executive pay guidance for leadership or Board-directed review
-
IRS compensation letters

Education & Universities
Support for schools, colleges, universities, and HBCUs:
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Pay equity and market pay reviews
-
Labor agreement cost analysis
-
Salary structures and career paths

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.

Board Advisory
Independent analysis for Boards.
-
Executive pay recommendations and assessments
-
Board-directed projects and IRS letters
-
Incentive plan reviews

Pay Structure & Market Benchmarking
Credible comparisons for pay decisions.
-
Salary structure design
-
Market benchmarking and defensible pay
-
Talent attraction and retention

Pay Equity & Total Rewards
Rewards that reflect the full value of the work.
-
Pay equity reviews
-
Total rewards strategy
-
Competitive, well-rounded rewards

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.

Our Clients
Who We Serve
Expert, flexible compensation support for organizations with limited staff or budget.

Nonprofits
Guidance for nonprofit pay decisions:
-
Mission-aligned pay programs
-
Executive pay guidance for leadership or Board-directed review
-
IRS compensation letters

Education & Universities
Support for schools, colleges, universities, and HBCUs:
-
Pay equity and market pay reviews
-
Labor agreement cost analysis
-
Salary structures and career paths

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's New

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.

Benchmark Data
Pay benchmarks for 15 roles.
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Base salary benchmarks
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Total cash compensation
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Confidential HBCU-only data

Peer Comparisons
See how your institution compares.
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By enrollment size
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By operating budget
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By public or private status

Findings & Briefing
Results your team can act on.
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Key findings summary
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Participate-only briefing
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Recruitment & Board support

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 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
Victoria Ghafoor, CPA
Principal

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
Website: StewartTotalRewards.com



