Compensation Plan

Help Cypress Hills Local Development Corporation learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Cypress Hills Local Development Corporation
Brooklyn, NY, USA
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Cypress Hills Local Development Corporation
Brooklyn, NY, USA

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Posted October 14th

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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 had a compensation study completed by a Catchafire consultant some years ago and are hoping to update the previous plan. In addition we would like support in identifying any racial or gender inequities on our team.

What We Have In Place
  • We currently have a plan that was developed several years ago., which should make it easy for you to get started. We also have a committed group of seniors leaders in the agency., and the ability to provide any other information you need.
How This Will Help
This project will save us $6,746 , allowing us to further invest in our staff salaries and professional development.

Our organization recently changed our mission statement to reflect our explicit commitment to our racial equity work. In addition we have created an inter-department working group focused on developing and implementing strategies and programming that work to dismantle racial and structural inequities that limit opportunities for some staff at the organization. Compiling our salary and promotion data using a racial and gender analysis will support our ongoing equity work.

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

Cypress Hills Local Development Corporation
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Our Mission

With community residents leading the way, the mission of Cypress Hills Local Development Corporation is to build a strong, sustainable Cypress Hills/East New York, where youth and adults achieve educational and economic success, secure healthy and affordable housing, and develop leadership skills to transform their lives and community.

What We Do

We're dedicated to serving residents of Cypress Hills, a diverse, low- to moderate- income neighborhood in northeast Brooklyn where many families are recent immigrants from around the world. With community residents leading the way, our mission is to build a strong, sustainable Cypress Hills/East New York, where youth and adults achieve educational and economic success, secure affordable housing and develop leadership skills to transform their lives and community. Each year, we serve approximately 8,000 people.

Our services are wide-ranging to meet our community's needs. They include: college and career counseling, afterschool programs in 5 schools, GED and ESL classes for adults, small business development, first-time homebuyer counseling, foreclosure prevention counseling, affordable housing development, food justice work, environmental sustainability projects, and much more.

Community residents and business owners founded Cypress Hills Local Development Corporation in 1983 to revitalize their struggling community. For most of our history, we have been a small, grassroots organization. In the last few years, however, we have experienced tremendous growth and begun to attract national attention for our work. We recently completed a five-year strategic plan to help make sure we can continue to grow and serve Cypress Hills. There's a lot on the horizon for us: we're finishing construction on new affordable apartments, launching a program to help get ninth graders on the road to college, expanding our employment counseling work, and, with the help of a pro bono professional through Catchafire, creating a website that reflects our work!

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