Average Foundation CEO Pay Increases – Useful Data or Not?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 25. May 2016 13:25
According to an article in the Chronicle of Philanthropy, the latest Council on Foundations survey found that salaries for staff members increased 8% from 2011 to 2015, just slightly more than inflation. However, a further breakout of that median increase revealed that salaries for program officers rose only 2%, while those for foundation CEOs rose 14% over those 4 years. The new study calculated the rates of increase using responses from 460 foundations that responded to prior surveys. [More]

New 2016 FLSA Rules Are Effective December 1, 2016

by Malak Kazan, CECP, CCP, CBP, GRP 19. May 2016 12:25
The final FLSA rule changes were published this week and go into effect December 1, 2016. ERI has been following these developments from the onset. The new rules modify the definitions of white collar workers, expanding coverage of FLSA's minimum wage and overtime standards, introduce automatic increases to the federal salary and annual compensation thresholds, as well as provide guidance on inclusion of variable cash payments in meeting the salary thresholds. The Department of Labor estimates the compensation for 4 million workers will be impacted by these changes. [More]

The Role of HR Leaders in Business Integration

by Malak Kazan, CECP, CCP, CBP, GRP 17. May 2016 14:29
HR leaders manage the human side of business transactions during the due diligence, deal close, and business integration stages. The strategic questions about how a new business target aligns with business objectives related to growth in new products or services, accessing new geographic markets, and/or recruiting mission- critical talent have already been answered during the research to identify the business target. During due diligence, the focus is on uncovering any red flags (if any) that may end the discussions for a host of different reasons. Once there is a definitive agreement signed to pursue the acquisition, the terms of the purchase are detailed with specific buyer and seller responsibilities. Then the heavy lifting begins with business integration to realize the intended business synergies. [More]

Are You an HR Leader Responsible for North America?

by Malak Kazan, CECP, CCP, CBP, GRP 16. May 2016 13:59
Most organizations have North America operations whether corporate headquarters is based in Canada or the U.S. Understanding the fundamental operating framework of HR management helps to navigate across borders, especially when it comes to total rewards programs. As a baseline of comparison, Canada is organized into 13 provinces, whereas the U.S. has 50 states. From an HR perspective, compliance is governed at the provincial and state levels with some overarching federal labor regulations. [More]

E-filing of Forms 990 Proposed in CHARITY Act

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 26. April 2016 15:20
Senators John Thune (R-SD) and Ron Wyden (D-OR) have recently introduced S. 2750, the Charities Helping Americans Regularly Throughout the Year (CHARITY) Act, and the proposed legislation includes “requiring nonprofits to file their paperwork electronically,” according to the Senate press release. [More]