Nonprofit Compensation and Benefits Practices (Wiley Nonprofit Law, Finance and Management Series) - Hardcover

Applied Research And Development Institute International, Inc.; Barbeito, Carol L.; Bowman, Jack P.

Hardcover

ISBN 10: 0471180890 ISBN 13: 9780471180890

Publisher: Wiley, 1998

Synopsis

Best practices and concrete data to help nonprofit organizations reexamine their employment practices in response to today's changing workforce and develop better management practices. This book examines the potential elements of a total compensation package including salary, healthcare and other insurance, deferred compensation, vacation and leave policies, individual and group bonuses, merit increases, noncash awards (gift certificates, merchandise, etc.), dependent care assistance, flexible spending accounts, job sharing and staggered hours.

About this title

From the Inside Flap

Nonprofit Compensation and Benefits Practices Applied Research and Development Institute International, Inc. (ARDI) Each year, tens of thousands of nonprofits wrestle with difficult choices about compensation, from what to pay an executive director or program head to which benefits packages will help to recruit and retain good staff. If nonprofits are to survive the workforce trends that are creating increased competition for a shrinking pool of talented employees, it is vital that they act now to develop fair, innovative, and competitive compensation packages. Nonprofit Compensation and Benefits Practices gives nonprofits a clear and comprehensive picture of what their peers in the nonprofit, private, and government sectors are doing to compensate their employees—and it provides the practical action tools necessary to establish and implement sound compensation policy in today’s tough marketplace. Beginning with an overview of current employment and compensation practices, the book presents a cross-sector wages and benefits analysis that examines salary, insurance, pension plans, tuition reimbursement, and other key areas. Next, it explores innovative remuneration practices within the nonprofit sector with the help of insightful case studies, and provides important guidance on how to go about drawing up a compensation plan. Exploding the myth that nonprofits can’t afford to offer competitive packages, this book shows how nonprofits can use a creative compensation and benefits program to enhance staff recruitment, morale, productivity, professional development, and retention. After all, nothing influences mission accomplishment more than the quality of the people working to achieve it—and putting people first is what nonprofits are all about.

About the Author

RAY R. HICKS, Jr., is Professor of Forestry at West Virginia University. His research centers on ecological studies of forests, including nutrient cycling, forest health, and forest pest management.

Edition details

• Publisher: Wiley
• Publication date: 1998
• ISBN 10: 0471180890
• ISBN 13: 9780471180890
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 224