A Holistic Approach to Determining Compensation to Attract and Retain Staff
This event is presented in partnership with Common Good Vermont. Please enter "NH Center for Nonprofits" as the referring state association.
What’s Pay Got to Do With It?
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.
About the Presenter
Nancy Fournier Ph.D. is the principal of Relish Your Role and has 30+ years of leadership experience. She is passionate about supporting the work of nonprofit organizations by addressing all aspects of nonprofit leadership with a focus on Executive Coaching, and Executive Directors’ Performance Evaluations.
Her coaching practice with women nonprofit executive directors is focused on helping them manage up, down, and across their agencies for maximum effectiveness. Her performance evaluation work is done in partnership with the nonprofit Board and agency leader. In addition to her consulting practice, she is a trainer with the Greater New Orleans Foundation and faculty at the University of Richmond Institute of Philanthropy. She is a Vassar College graduate with an M.A. in Social Service Administration from the University of Chicago and a Ph.D. in Public Administration from Virginia Commonwealth University.