Any Current or Former HR Professionals Here w/ Experience in Compensation?

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Could use some HR input...

I'm currently the VP on the board of a charitable foundation and I'm over setting the salary, compensation, and bonus structure of our new ED.

There were no guidelines in place before.

Are there any HR guidelines that I should follow with respect to how compensation and bonuses are determined?

I need particular guidance in how to tie bonuses into value-add performance and driving the mission.

Any suggestions would be much appreciated.
 
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