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What’s Pay Got to Do With It – A Holistic Approach to Determining Compensation to Attract and Retain Staff

Tuesday, September 24, 2024 (1:00 PM - 2:30 PM) (EDT)

Description

Staff compensation usually accounts for 60-75% of a nonprofit agency’s budget.  Establishing staff salary and benefits (both monetary and in-kind) is one of the most important decisions an executive director and board can make to ensure their long-term stability and effectiveness. 

With unprecedented labor shortages, inflation and competition for skilled staff it has never been more crucial to apply best practices when deciding to hire staff or contract out, and how to set equitable and realistic staff salaries, benefits and pay raise structures.

This 90-minute training will help you identify the important factors to consider when developing a compensation structure which reflects your organization’s values and positions you to get the work done with a fairly paid staff.

Offered by our partner, Common Good Vermont 


Pricing

KNN Members & Potential Members: $35

When registering, you'll be asked for the name of the referring state nonprofit association - please enter KY Nonprofit Network

Tuesday, September 24, 2024 (1:00 PM - 2:30 PM) (EDT)
Categories
Human Resources
Financial Management
Shared Webinar - National Council of Nonprofits
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