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Reply To: Private: Advice for our first Single audit

I paid attention to the new Single Audit (also known as an A-133 audit) initiative by OMB when it was first introduced. Here’s a resource…

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Reply To: Private: Separating restricted funds on financial dashboard

I think this will depend on two things: the look-and-feel of your dashboard and how much action those restricted funds see. If it’s an endowment…

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Reply To: Private: Resilience is more complicated than a checklist of steps

I do have objections to “normal” as something that we should return to (or whether it existed in the first place), but I don’t necessarily…

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Reply To: Private: Managing and using cash reserves

Steve, our finance committee has determined for now that 3 months reserve is the target, so when we budget each year we budget for an…

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Reply To: Private: Can salary keep pace?

As a non-cash item, we did also do organization wide “rest days” during the pandemic. Over the past few years, we’ve given on average 4…

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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…

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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…

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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…

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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…

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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…

Viewing 415 - 420 of 754 Resources

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