EWM Global’s Total Reward Portal digitally consolidates up-to-date compensation and benefits information across all plans and programs in which an employee participates. This functionality is NOT limited to just the plans administered by EWM Global, but can be expanded to include any compensation or benefits which the firm wishes to display.
The secure cloud based dashboard is highly flexible and customizable to show information from multiple providers and systems such as pensions, 401k, share plans, and payroll systems. It has the ability to provide on screen company-targeted information such as plan documents, remuneration statements, award agreements, participant actions, and more.
Key Benefits of the Total Reward Portal:
• Replaces hard copy versions of annual statements
• Reduces the workload for local HR departments to maintain, update and distribute total comp records
• Provides a consolidated view of compensation and benefits received by an employee
• Enables users to easily compare year-over-year compensation data
EWM Global recognizes that deferred cash plans can only be effective if participants have a clear understanding of the wealth it allows them to generate over the deferral timeframe. Our platform can administer deferred cash plans to fit our clients’ specific and unique needs, providing participants with 24/7 access to their awards, vesting and balances, while offering plan sponsors robust administrative and reporting tools. Some of the plans we administer include:
• Mandatory & Voluntary Plans
• Incentive Alignment Plans
• Determined Allocation Plans
• Alternative Retirement Plans
Plan participants can view and take action within their plans virtually through desktop portal or mobile device, including:
• Award grant details
• Vesting schedule
• Investment allocation
• Periodic reallocation
• Distribution timing
• Personal rate of return
EWM Global serves the entire private funds industry including private equity, real estate, credit, infrastructure, and fund of funds.
Our clients identify three key risks they tolerate administering their carry plans in excel:
• risk of error – as funds and teams increase, transactions occur, values updated, errors are inevitable.
• key-person risk – one or two people understanding the structure of spreadsheet and what happened two years ago…is fraught with business continuity risk.
• lack of transparency to their deal teams – carry recipients are the fund’s most important asset, it is imperative that they have access to information about the wealth they are building at the firm.
Deal Team members virtually access information via desktop portal or mobile device, including:
• Carry points along with current value and forecasted value
• Vesting of each set of points
• Notional or phantom as well as ownership or partner carry
• Realization and carry payout information in detail
• LPA and tax document library
EWM Global’s GP co-investment platform digitally transforms the participant and sponsor experience for plans where firm members invest alongside of their investors.
Deal Team members virtually access information via desktop portal or mobile device, including:
• Commitments
• Capital calls
• Intermittent valuation changes
• Realizations and payments
• Leverage/loan details
• LPA and tax document library
EWM Global’s Carry Waterfall Calculation Engine gives GP’s full flexibility and auditability of the most important calculation at the firm:
• Easy to use interface for fund set up
• Integrates transactions directly from GP fund accounting system
• Accommodates any fund structure – European/US/Hybrid models
• Allows modeling carry impact of various preferred return methodologies
• Generates output for realized carry or unrealized calculations
• Hosted on a secure private cloud that meets audit requirements of some of the largest financial companies in the world
• Available as a stand-alone service, or incorporated with our GP incentive administration services