Impact of Record-High US Giving on Charity Executive Compensation

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 27. July 2016 09:51
The Indiana University Lilly Family School of Philanthropy’s recent report Giving USA 2016 found that American individuals, estates, foundations and corporations gave an estimated $373.25 billion to charities in 2015, reaching a record level for the second year in a row. Total giving grew 4.1% in current dollars (4.0% when adjusted for inflation) in 2015 over 2014. With size of revenues as a major influence on executive compensation levels, some might think that those who lead the charities may be in for increases. [More]

FLSA and Job Analysis

by Malak Kazan, CECP, CCP, CBP, GRP 26. July 2016 13:51
In the U.S., the Department of Labor has recently amended the Fair Labor Standards Act (FLSA), increasing labor costs, particularly for service industry sectors. The changes may require any employees earning less than $913 per week ($47,476 annually) to be paid overtime once the standard workweek hours are exceeded. At ERI, we are helping organizations navigate FLSA minimum wage laws and job analysis requirements by providing technology and compensation analytics to holistically evaluate the business impact on job classifications and labor costs. [More]

Any Action on the ACT Recommendations?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 7. July 2016 13:39
This year’s report of the Exempt Organizations (EO) Subcommittee of the IRS Advisory Committee on Tax Exempt and Government Entities (ACT) focused on planning for the future, which it predicted will not be positive unless its recommended changes are implemented. [More]