Compensation Plan

Help Elev8 Baltimore learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Elev8 Baltimore
Baltimore, MD, USA
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Elev8 Baltimore
Baltimore, MD, USA

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Posted June 9th

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
What We Have In Place
  • We currently have a fiscal sponsor that assists us with HR back office, which should make it easy for you to get started. We also have dedicated staff leadership, and the ability to provide any other information you need.
How This Will Help
This project will save us $6,746 , allowing us to right size salaries.

As an organization we are trying to create the best leadership structure for that disperses responsibilities among senior leadership and creating an authentic pathway for staff promotion.

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

Elev8 Baltimore
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Our Mission

Elev8 Baltimore partners with schools, families, and the community to ensure that every student is prepared for high school, college, career and life.

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