COMPENSATION UPDATE BY
LAWRENCE ASSOCIATES
News and views on executive and employee compensation, with special attention to
hospitals, foundations, colleges, universities and schools, and other nonprofits
Following up on our July 3 post, Becker’s Hospital Review reports that New Hampshire’s Director of Public Trusts intends to monitor hospital executives’ compensation more closely as a result of a recent report by the New Hampshire Center for Public Policy report showing marked increases between 2006 and 2009.
Several recent posts from around the Web have pointed up potential flaws in states’ efforts to limit nonprofit compensation. In New York, which recently imposed a salary cap tied to the amount of funding an organization receives from the state, methods of calculation and the potential for waivers built into the rules may limit their effectiveness, as pointed out in the article “The Holes in the Salary Ceiling” at http://www.cityandstateny.com/nonprofit/ . In Illinois, the state is moving against a structure where an executive is employed by a for-profit company that in turn is engaged by the nonprofit to provide management services, thus potentially shielding the executive’s compensation from public scrutiny
Our website has a large collection of useful materials and links, including IRS and legislative actions, published reports and news on current trends in compensation.
Lindalee A. Lawrence
Boulder | New York
Focusing on all compensation-related elements of human resources consulting services for tax-exempt healthcare, schools, colleges and universities, associations, foundations, and for private and service industry firms, law firms and technology-based businesses. We assist with executive compensation design, CEO compensation, salary comparison, wage and salary administration, salary surveys, job evaluation, organization design, incentive programs and pay for performance; and in responding to public disclosure of executive compensation. Lindalee holds an M.B.A. from the Wharton School and a B.A. from the University of Pennsylvania, and is a WorldAtWork Certified Compensation Professional (CCP).
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