Managing Compensation In Nonprofits
9:30am - 4:00pm EST
Compensation is a critical factor in the HR strategy of any nonprofit organization. To attract and retain employees who are focused on the mission of the organization, it is imperative to understand compensation. Learning the fundamentals of compensation and how to apply the skills and knowledge to your work environment will help you to align HR to the strategy and effectively manage talent.
Participants will learn:
- The challenges of managing compensation and benefits in nonprofit organizations
- The elements of total rewards
- Key concepts and types of compensation and benefits
- Compensation strategy
- Basic processes, systems and techniques in compensation
About the instructor:
Kunle Akingbola is an Assistant Professor in the Faculty of Business Administration, Lakehead University and a researcher in the Social Economy Centre, University of Toronto. His research interest is in the area of strategy, HRM and change in nonprofit and healthcare organizations. Kunle was previously a Human Resources Manager and Consultant with extensive experience in both the corporate and nonprofit sector. He has managed and facilitated the development and implementation of HR strategy, organizational change, policies and negotiation of collective agreements. He has significant experience in employee relations, recruitment, labour relations and training. He has also led compensation and benefits and HR metrics/ benchmarking portfolio.