Found 589 Results
Reply To: Private: Managing and using cash reserves
Kristine, That is really helpful. Thanks for sharing. Does your finance committee review and determine the level annually or how do you keep looking at…
Reply To: Private: Can salary keep pace?
We added an explicit factor in our compensation calculator for just this – to try to balance external salary survey data with our internal values…
Reply To: Private: Can salary keep pace?
In addition to annual salary increases, we gave every staff member one day’s pay as a bonus for staying with us during the two years…
Reply To: Private: Can salary keep pace?
We implemented a four-phase strategy that unfolded over a six-month period for phases 1-3. (Phase 4 is set to happen late fall 2022) 1. Followed…
Reply To: Private: Can salary keep pace?
We have a human resources committee of our Board of Directors that focuses on equity in salaries as well as monitors research on the “living…
Reply To: Private: Role of the moderator
Can it be a mixture of both? There is certainly a role for making sure that conversations stay on track, but the moderators may also…
Reply To: Private: Livable wages
Are there other foundation funders who would be willing to help provide one or two years of support to get your wages up? We’ve found…
Reply To: Private: Managing and using cash reserves
We set ours at 3 months of expenses. Each year when our budget increase, we set aside an additional amount to get our reserve back…
Reply To: Private: Can salary keep pace?
Our approach has been two-fold. First, we gave COLA’s that were a little higher than normal (but still no where near inflation). We are trying…
Reply To: Private: Budgeting for salaries and cost of living
This is what we did. We are still planning to have annual raises at the calendar year, but gave everyone a one-time amount of $1,000…