Leveraging your pay pot to deliver organisational goals
Many nonprofit organisations now earn much of their real income, but many still depend on grants, donations, and government funding to sustain themselves. This fact, coupled with a charity’s accountability to its patrons and beneficiaries, invariably leaves organisations contending with stringent budgetary constraints.
The HR challenge is clear. With a limited pay pot, how do organisations attract and retain the talent that will drive their organisation forward?
We work with our clients to leverage their pay and reward spend and ensure the most effective use of funds. For example, implementing a transparent and impartial job evaluation scheme or identifying innovative and attractive benefit packages can all contribute to developing an employee deal that compares with the private sector.
The organisation’s mission should be at the heart of all efforts, uniting, motivating and engaging all employees. One of HR’s key responsibilities is to embody this mission in the company culture and reinforce it in reward. We help you draw these parallels and provide a compelling incentive for employees to stay, develop and contribute fully to your unique organisation.