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Compensation Plan

Help Eras Senior Network learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Eras Senior Network
Waukesha, WI, USA
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Eras Senior Network
Waukesha, WI, USA

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Posted June 23rd

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're at a starting place for a compensation plan. As Executive Director, I have been in charge of compensation since 2001, through a 2007 merger and a 2019 acquisition that doubled our workforce from 15 to 33. I review regional nonprofit salary survey reports to make sure I'm in the right range for compensation, but I know that we need a solid plan. We have good insurance benefits, but I would like to have a better plan for incentives that keep our good employees from leaving our agency.

What We Have In Place
  • We currently have the ability to run payroll reports from ADP, salary history, which should make it easy for you to get started. We also have - I'm not sure what else is needed -, and the ability to provide any other information you need.
How This Will Help
This project will save us $6,746 , allowing us to put resources in place to support our older adults - recruiting and volunteers to provide rides for healthcare appointments, delivering stock boxes of food, and supporting family caregivers.

Employee retention costs our organization - financial resources, loss of employee morale, and most importantly, disruption in our ability to carry out our mission. Our employees work hard and believe in our mission, and this project will help to support them and communicate that they are valued. Also, as I consider leaving my position within the next 2 - 3 years, I recognize that it's vital to have compensation that is well-planned for the next leader to use and improve on.

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

Eras Senior Network
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Posted by
Kathy G.

Executive Director

Our Mission

Our organization aims to support and engage older adults, adults with disabilities, and their family caregivers to help them live meaningful lives. We service Milwaukee County and Waukesha County, Wisconsin with a corps of approximately 1,500 volunteers.

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