Designing a Not-for-Profit Compensation System

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Designing a Not-for-Profit Compensation System

JoAnn Senger, "Designing a Not-for-Profit Compensation System"
2006 | pages: 371 | ISBN: 0807857025 | PDF | 2 mb

'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. This title offers 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 and 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; and, details the usefulness of each compensation structure, including midpoint calculations, rate adjustments, variable pay, and market surveys.

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