A series of posts on the topic of compensation programs would not be complete without a few words on the documentation. As I've referred to numerous times here on Executive Pastor Online, the Management System is where policies, procedures, forms, etc. reside. So, of course, the compensation program documentation is part of the Management System as well. The compensation program should be a "policy" as opposed … [Read more...]

Along with internal equity and market comparison, a potential staff member's formal background should be taken into consideration when determining appropriate compensation. Here are the three primary areas of consideration: Degree or Non-Degree Area(s) Of Study Under Graduate Or Graduate Level Based on the position requirements as documented in the job description, how close of a match is the … [Read more...]