Transparency around compensation structures and practices is increasingly a hot topic, with many in the sector seeing it as a key aspect of strengthening equity and inclusivity. And high-performing staff often seek recognition that translates into compensation adjustments based on performance rather than seniority.
However, many small to mid-sized foundations struggle with establishing a compensation structure that balances the demands for recognition and transparency with other imperatives, including confidentiality and the need to balance competitiveness with budget realities.
In this session, Celeste and Jeff will discuss these key compensation trends and how the Saint John Regional Hospital Foundation benchmarked and enhanced their compensation structure, and share early results of implementation. Essential ‘must haves’ and key steps for foundations to consider and adopt in their own compensation structures will also be shared.
Celeste Bannon Waterman
Partner/Lead, Research + Analytics
President & CEO
Saint John Regional Hospital Foundation
Format: Case Study (45 minutes)