Designing a Not-for-Profit Compensation System

"JoAnn Senger has gone out of the box to address fundamental compensation issues too-often ignored in the public and not-for-profit sectors. She peels away the 'second-class citizen' label and provides effective compensation structures that reward top performers." --Jonathan Fraser Light Senior Partner, Nordman, Cormany, Hair & Compton A step-by-step plan to design and manage a compensation system for not-for-profit organizations Written by recognized not-for-profit human resource specialist JoAnn Senger, Designing a Not-For-Profit Compensation System provides a step-by-step method to help human resource professionals design and manage a successful compensation system for any public or not-for-profit organization. When it comes to compensation systems, the not-for-profit sector is rife with complexities, including legislative approval requirements and the board of directors' direct involvement in compensation matters. Addressing these and other unique obstacles, Designing a Not-For-Profit Compensation System: Defines various types of not-for-profit and public organizations Identifies current types of compensation structures Identifies organizational characteristics influencing the usefulness of each structure, including the organization's budgeting and accounting processes and timetables Covers maintenance for all compensation structures and the interaction among organizational units Details the usefulness of each compensation structure, including midpoint calculations, rate adjustments, variable pay, and market surveys