NOT-FOR-PROFIT COMPENSATION

Not-for-profit organizations provide valuable services to the communities and constituents they serve. Strong missions, values, and the desire to address fundamental issues are key business drivers. While many tax-exempt organizations need to focus their funds on operations, there is still a significant human capital need, as qualified employees are essential to driving organizational goals. Additionally, not-for-profit organizations are competing for talent across both the not-for-profit and for-profit sectors, putting additional pressure on what they can provide as competitive compensation within their labor market.

As compensation consultants, Compensation Resources helps not-for-profit organizations understand the external marketplace in order to support decisions around compensation packages that facilitate hiring and retention strategies. We have extensive experience in the not-for-profit sector, providing compensation consulting services in the design and development of various compensation initiatives. The services we provide include, but are not limited to:

• Base Pay Administration
  • Salary Structure Design
  • Staff Compensation Studies
• Board of Directors’ Compensation Studies and Advisory Services
• Executive Compensation Studies
  • Intermediate Sanctions
• Incentive Plan Design
  • Annual Incentive Plan
  • Long-Term Incentive Plan (LTIP)
    • Deferred Compensation Plan
• Job Description Development
• Market Pricing / Salary Data
• Performance Management Programs

Executive compensation matters in not-for-profit organizations require additional attention by the Board of Directors due to Intermediate Sanctions rules (IRC Section 4958). The importance of conducting thorough independent research is critical in developing executive compensation programs for not-for-profit organizations that address both regulatory requirements and good governance practices.

The programs and methodology utilized by Compensations Resources meet Intermediate Sanctions rules (IRC Section 4958) and industry best practices, while providing the justification and supporting documentation indicated in the Rebuttable Presumption requirements.

We are available to answer any questions you may have and to provide the necessary compensation consulting support to your organization. For more information, please contact:

Mary A. Rizzuti, CCP, PHR, SHRM-CP
Partner
201-710-6476

Sara D. Schmidt, CCP, PHR, SHRM-CP
Director
201-710-6478