Found 768 Results
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…
Reply To: Private: Can salary keep pace?
In the past, our annual salary increases have been tied to the federal COLA, with additional market increases for roles that were out of line…