A Total Rewards Strategy to Complement Business Maturity

by Linda Cox 31. March 2016 13:27
The design of a total rewards strategy that appropriately complements an organization’s mission, culture, business strategy, management practices, and even the Human Resources strategy itself can be a daunting task in today’s unpredictable business and global environment. [More]

Charity Revenues on the Rise – Will Executive Compensation Also Increase?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 24. March 2016 14:35
A recently published Nonprofit Research Collaborative (NRC) survey of charities found 69% of respondents anticipated improved fundraising results in 2016, compared with 2015. In addition, 50% saw fund-raising receipts increase during the first half of 2015, compared with the same six months in 2014. These findings indicate a relatively robust charitable sector with growing revenues. [More]

Talent Management and Employee Relocation

by Malak Kazan, CECP, CCP, CBP, GRP 9. March 2016 13:31
Organizations are offering more innovative, flexible relocation programs as a way to align talent management strategies to business operation demands and to better compete in the war for talent. The employee (and family members), performance managers, and human resources are critical stakeholders in the process. Whether the company initiates a relocation for business and professional development purposes or the employee initiates it for personal family or career interests, the stakeholders collaborate to make an informed decision about the move. Cost of living, compensation, and career management are three factors that need to be evaluated to ensure a relocation is successful. [More]

Compensation Benchmarks for Winning Bids

by Malak Kazan, CECP, CCP, CBP, GRP 7. March 2016 12:26
Privately-owned and publicly-traded companies have lines of business dedicated to successfully participating in the bidding process initiated with a Request for Proposal (RFP) by a government entity. There are many criteria that companies need to satisfy in order to be awarded a government contract. One is providing pricing that includes reasonable labor cost estimates that reflect the prevailing wage. Companies deriving labor costs from current internal pay levels will generally have a practice of externally benchmarking the prevailing wage. External compensation benchmarks will be specific to geography and industry, have a large sample size, report both the mean and median, and be matched to the job requirements. [More]

The Wounded Warrior Project – Spending Too Much on CEO Compensation?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 24. February 2016 13:00
The Wounded Warrior Project (WWP), a fast growing and media-savvy charity serving veterans, has recently been in the news and not in a good way. See a recent article in the New York Times and a blog post from GuideStar CEO Jacob Herald. There were charges of spending too much on expenses (e.g., fund-raising, travel, and executive compensation) that were not directly related to its mission of direct services to veterans. [More]