Compensation Plan

Help Rainbow School, Inc. learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Rainbow School, Inc.
Kahuku, HI, USA
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Rainbow School, Inc.
Kahuku, HI, USA

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Posted November 10th

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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 a non-profit preschool looking to re-organize and update our strategic plan. Part of this plan includes an employee retention plan (benefits, pay structure, incentives, etc.).

What we have in place
  • We currently have job descriptions, salary scale, and a benefits package, which should make it easy for you to get started. We also have financial statements, 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 better incentives for our employees.

We are re-evaluating our strategic plan and need assistance in creating a better plan moving forward to retain our employees. Although we have a benefits package, I feel we can do more for our employees with regards to retirement plans, incentives for milestone employees (years of service), a better salary scale, etc.

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

Rainbow School, Inc.
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Cause
Education
Posted by
Cynthia B.

Executive Director

Our mission

To provide quality early childhood education for Oahu's children no matter their socio-economic background, ethnicity, or religion.

Testimonials

(No testimonial has been submitted by Cynthia)
(No testimonial has been submitted by Cammie)
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