Nonprofit Compensation Planning is Essential for Attracting & Retaining Key Employees

By AlyssaV
In May 16, 2017
When:
June 15, 2017 @ 1:00 pm – 2:30 pm
2017-06-15T13:00:00-04:00
2017-06-15T14:30:00-04:00
Where:
Webinar

Compensation planning can be an intimidating process for a nonprofit organization. While budgeting salary and benefits may seem objective, it is actually influenced by many factors including: philosophical considerations, competition, regulation, etc. You should understand the critical elements that need to be included in your compensation plan and the timeframe for developing a reality-based compensation plan.

Join us for our webinar, Nonprofit Compensation Planning Is Essential for Attracting & Retaining Key Employees presented by Sidney Abrams, Director of Consulting Services, and Heather de la Riva, Director of Virtual Outsourcing, brought to you by KNOWLEDGEConferences.

Program Highlights:

Mr. Abrams and Ms. de la Riva will cover:

  • Required elements of a compensation plan including salary, benefits, and other forms of compensation both financial and nonfinancial in nature
  • Developing a compensation philosophy that fits your nonprofit
  • The process for approving the compensation of your CEO/executive director and certain other key executives
  • The importance of conducting an independent review of compensation decisions, using objective comparative salary data, and documenting your decisions as part of your board minutes
  • Understanding how to interpret comparative salary data and how to benchmark your compensation decisions
  • How to effectively communicate your compensation plan with your employees
  • The importance of conducting an annual review of your compensation plan

Reserve your spot now!

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