Overture Institute

9 Questions Board Members Should Ask About Non-Profit Executive Compensation

To avoid issues with the IRS, and the public, nonprofit organizations must be conscientious when making decisions regarding executive compensation. Finding a healthy balance of competitive, but not excessive, compensation is essential. Overpaying executives can lead to a decline in donations, volunteer resources and, in extreme situations, an organization could lose its nonprofit status. The public donates to [...] READ MORE

Compensation Trends

2018 Salary Increases Continue a Long-Term Trend

Its déjà vu all over again. Yes, the phenomenon of having the feeling that the situation currently being experienced has already been experienced in the past. Nearly every company in WorldatWork’s annual salary survey is planning modest salary increases for 2018. The average projected increase is 3%, the same increase for the past six years. [...] READ MORE

Trump Tax Plan

5 Ways the Trump Tax Plan May Influence Executive Compensation

In April, President Trump officially proposed major changes to the tax code to go into effect in 2018. His proposal includes tax reforms that would reduce marginal tax rates for individuals and businesses. If the legislation passes, here are just a few features of his plan that will effect companies and their compensation programs: Reducing [...] READ MORE

Executive NonProfit Compensation

10 Quick Tips to Stay on Track with Nonprofit Executive Compensation

All non-profit boards have a fiduciary responsibility to approve “reasonable and not excessive” compensation plans and are able to be held personally liable for excessive compensation. As a board member, you can take an active role in keeping this on track and avoid issues with the IRS or bad media exposure.   Over the years, [...] READ MORE

All About Severance Packages

5 Things to Know About Severance Packages

Severance packages may not be the most popular topic because of their association with terminations, but it is an important one for every employee and employer to understand! The first question is, what exactly is it? A severance package is given by an employer once a long-term employee has been terminated or laid off by no [...] READ MORE

New Year Compensation Consulting

New Year Trends in Compensation Consulting

Bottom line, executive compensation in non-profits needs to be competitive to attract and retain key talent! Overall, base salaries in the non-profit sector are competitive with for-profit companies, but there is still a gap in total cash compensation. While healthcare organizations tend to pay higher than other non-profits, Charity Navigator, a national evaluator of charities, [...] READ MORE

PTO Benefits

3 Reasons PTO is an Important Part of Your Employee Benefit Package

Paid Time Off, or PTO, is a popular topic among employers and prospective employees today. SHRM.org’s January 2016 findings indicate that while most companies still are using Traditional PTO systems as part of their overall compensation programs, the use of banks that combine vacation, sick and personal days into one allotment continue to increase. Why [...] READ MORE

Benefits 101

Employee Benefits 101: Where’s The Value?

Are benefits a reflection of what the company values or what the employees value? The answer is both!  A Glassdoor survey reports that 57% rank benefits and perks among their top considerations before accepting a job. Yet, the benefits outside of healthcare and retirement costs are a great way to show what the company values [...] READ MORE

Office Workforce

More Than Money: Compensation Consulting to Retain Your Workforce

Your company takes the time to recruit the right candidate, now how do you make sure they want to stay? According to a recent Chicago Tribune article, 90% of companies give raises on the same day once a year, but that is not enough. Top organizations, such as GE Company, are moving away from annual [...] READ MORE