Compensation Plan

Help Peninsula Agency on Aging learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Peninsula Agency on Aging
Newport News, VA, USA
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Peninsula Agency on Aging
Newport News, VA, USA

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Posted May 3rd

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Project details

What we need
  • Review of job descriptions, pay structure, internal value, competitive market data, non-monetary rewards and benefits
  • Recommendations for updating staff compensation and incentive plans
Additional details

We are required to study at least 25% of our positions each year.

What we have in place
  • We currently have most documentation electronically stored, which should make it easy for you to get started. We also have knowledgeable staff, and the ability to provide any other information you need.
How this will help
This project will save us $6,746 , allowing us to provide more services like Meals on Wheels and in-home personal care.

We are in an ever increasingly tight labor market. By offering competitive compensation and benefits, we can reduce turnover which can be very costly.

Project plan

P
Prep: Current Materials
  • Volunteer Manager provides Professional with an overview of current job descriptions, pay structures and compensation policies
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming session
  • Professional analyzes current job descriptions, pay structure, non-monetary rewards and benefits
  • Professional gathers information about competitive market data and internal value of positions
2
Milestone 2: Recommendations
  • Professional proposes recommendations for job descriptions, pay structures, compensation policies, and incentive plans
  • Volunteer Manager provides feedback to Professional’s proposals
3
Milestone 3: Compensation Plan
  • Professional delivers a compensation plan with updated job descriptions, pay structures, non-monetary rewards and other incentives
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About the org

Peninsula Agency on Aging
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Our mission

To support the independence and quality of life of Peninsula residents primarily 60 and over by advocating, arranging, or providing vital human services.

Testimonials

Vincent was great! We asked him to look at our overall compensation package. Vincent reviewed our current structure and made actionable recommendations for changes we could make now and in the future. In addition, Vincent gave us additional ideas on how we could award incentives. I greatly appreciate his guidance and insight. We hope to use him again in the future.
Tiffany S.
Tiffany S.

CFO

Compensation Plan Project

Tiffany was super helpful and very knowledgeable about both Peninsula Agency on Aging's history and culture as well as all the project-specific questions I had.
Vincent C.
Vincent C.

Volunteer

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