WTOP: 5 ways nonprofits can…
Client Demographics
Nonprofit HR Practice Area: Total Rewards
Location: Washington, D.C.
Sector: Nonprofit
Mission Type: Gender equity
Staff Size: 300+ employees
Annual Budget: $19 million
Type of Engagement: Compensation & Benefits
ScenarioA gender equity nonprofit engaged Nonprofit HR to conduct a market analysis and update their compensation structure, compensation philosophy, pay practices and policies. The Total Rewards team from Nonprofit HR then supported the organization in the formation of an executive summary and recommendations, introducing the new compensation program to staff and an assessment of their benefit plans and programs.
Project Duration: 3 months |
Engagement Goals
Maintaining and improving retention rates relies on how educated employees are on the organization’s compensation structure and philosophy. Educating staff on how the salary structure and benefits offerings are aligned with the mission will help the organization stay true to its cause and remain competitive in the industry.
Considerations
- The organization has never conducted a full compensation study, leading to job title overlap and unclear task assignments.
Despite the organization offering an exceptional benefits package, staff often lacked understanding of how the current salary and benefits align with the organization’s mission.
Solutions
Nonprofit HR helped the client create and implement a strong compensation philosophy that clearly supports benefits, allows for compensation to be aligned better with the market and aligns to their internal value of equity. Within this structure, employees also had a clearer understanding of how to advance within the organization through clearly defined titling that supported this successful outcome.
Full list of deliverables:
- Market Analysis for each unique role (35-37 unique roles have been identified)
- Updated Compensation Structure
- Compensation Philosophy
- Pay Practices and Policies
- Executive Summary of Methodology and Recommendations
- Communications Plan
- Staff Meeting and People Manager Training
- Benefits Assessment