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"JoAnn Senger has long gone out of the field to handle basic repayment matters too-often overlooked within the public and not-for-profit sectors. She peels away the
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Additional info for Designing a Not-for-Profit Compensation System
For example, this statistic could show that some employees in one group, such as white males or Hispanics, have served in their current jobs twice as long as other groups, a possible indication of adverse impact if not outright discrimination. Pay Structure This information should be a list of every type of pay structure applicable to employees in the group.
If compensation is one of the areas to be reported—a common enough requirement—then the compensation manager may be charged with oversight of the reporting process or even with report generation itself. If so, this will be a major activity with deadlines to be respected. Other fund sources may require reports on activities, or the organization may decide that some reports would be prudent, whether required or not. The professionalism of the reports is an important face the organization presents to the external world.
That influence, of course, could be considerable. Terms of Service Designing, implementing, and maintaining a compensation structure is demanding enough in the best of circumstances. If the board members serve a sufficiently predictable length of time and if the terms served are staggered (meaning that only some board members come up for renewal at any one Role of the Governing Body 11 time), then there will be more stability of direction. The compensation manager may want to carefully time any required governing board action on the new or revised compensation structure to a period of time when the board is not distracted by possible changes in membership.