Engaging Stakeholders in a Mission-Anchored Compensation Strategy

Please note: Separate registration is required for this session.

Independent schools are in the ultimate “people” business. Compensating the employees delivering your school’s mission every day is critically important to the health and stability of your school and must be balanced with a financially sustainable system. Leaders in independent schools looking to innovate their compensation systems in a highly relational environment must integrate stakeholder input into the decision-making and change management process. Gaining the feedback and support of those most directly impacted by your compensation model guarantees the success of a system from determining its structure to implementing significant change.

There are a variety of stakeholders in independent schools, and each stakeholder’s investment and role in the process of considering and determining compensation system changes will be different. Before the NBOA Annual Meeting kicks off, jump start your learning in this pre-conference workshop with compensation experts to explore the innovations you may want to consider implementing at your school. Presenters will discuss the role of stakeholders from board members to faculty in changing your compensation system and illuminate practices to solicit input and information from all affected constituencies without derailing the change process.