Week 1 – November 1st, 2022 Theme: Salary survey: What it is & Why it’s Important
Our region recently conducted a salary survey that we will discuss on our November Director’s call. Do you know what the pros and cons of using a salary survey are? Learn why to use a salary survey and how to be careful with what it informs you of here: https://www.questionpro.com/blog/salary-survey/
Week 2 – November 8th, 2022 Theme: What Are Salary Benchmarks and How Do They Impact Compensation?
Once you have salary survey results, it’s time to benchmark the salary ranges for your center’s staff positions. There are at least 5 factors to consider when you set or reset salary ranges. There are also specific adjustments to make when you are hiring for a new or blended role. This resource breaks down the steps for each circumstance: https://www.indeed.com/career-advice/pay-salary/salary-benchmarks
Week 3 – November 15th, 2022 Theme: State Nonprofit Data & Reports
One of the components (and not the only one) to consider in setting salary ranges is geographic location. This interactive map provides a list of resources for non-profit salary information specific to each state: https://www.nonprofitimpactmatters.org/data/state-nonprofit-data/
Week 4 – November 22nd, 2022 Theme: Compensation Resources
It is difficult to find salary data that matches the positions and work that Parent Centers do. Comparisons are out there if you know where to look and take the time to research job descriptions. This week’s resource provides links to most of the major, non-profit salary data banks all on one webpage: https://www.bridgespan.org/insights/library/careers/selected-compensation-resources
Week 5 – November 29th, 2022 Theme: Nonprofit Compensation Policy Sample
The past few week’s resources have highlighted the importance of factoring in total compensation packages when setting salary ranges. When revisiting staff compensation packages, make certain to create or update a compensation policy to match. This resource offers a compensation policy sample and links to free templates: https://www.jitasagroup.com/jitasa_nonprofit_blog/nonprofit-compensation-policy/#sample