Labor Markets and Geographic Differentials

by Malak Kazan, CECP, CCP, CBP, GRP 18. February 2016 12:52
Depending on whether the economy is experiencing growth or a recession, the private and government sectors have different strategies to manage them. Recent macro-level topics focus on the need to create better quality jobs that grow the middle-income household segment while facing skills shortages, as in Science, Technology, Engineering, and Math (STEM) jobs, for example. At ERI, we help subscribers determine the cost impact of their strategies through the application of compensation analytics. As stakeholders, HR leaders want a trusted partner to keep a pulse on the competitive advantages of geographic labor cost differentials in light of external market conditions. [More]

When Not to Be an Outlier

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 28. January 2016 12:41
While there are some situations that call for standing out from the crowd, setting nonprofit executive compensation is not one of them – that is, unless there is a thoughtful process that is not only supported by data, but also well-documented, and justifies a higher-than-expected salary. [More]

Performance Bonuses for Charity Executives?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 22. December 2015 10:02
For many years now, charities have been encouraged to act more like for-profit companies, with a focus on measuring their outcomes and the impact of their programs. The logical next step is to reward those that succeed with performance bonuses. At the same time, the IRS and other charity regulators have some pretty clear guidelines on what type of compensation is permitted for charity executives. [More]

The Gap Between Executive and Average Worker Pay in Nonprofits

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 8. December 2015 13:16
In the business world, there is a lot of discussion about the often huge gap between the pay of top executives and the average employee within an organization. While some interpret the data as executives reaping a windfall while worker pay stagnates, there is also research that focuses on the fact that the best-paying companies are pulling away from the worst-paying companies – that is, while increased executive pay contributes to the wage gap, so does the success of the companies in their overall industries. [More]

Moving from an Anniversary to a Focal Salary Review?

by Linda Cox 7. December 2015 13:37
The verdict is out on this one. The vast majority of companies now manage a focal review cycle, while others may desire to eventually transition to a focal review cycle. Typically, business growth supports the change from an anniversary to a focal review cycle. [More]