In light of the ever-increasing scrutiny of nonprofit practices, now more than ever, nonprofit boards must be aware of the public perception of executive salaries and benefits packages. In this tricky balancing act, your board needs to craft a competitive compensation plan that not only reflects the values and the mission of the organization, but also helps to attract and retain the right chief executive for the job.

In their book Dollars and Sense: The Nonprofit Board’s Guide to Determining Chief Executive Compensation, experts Brian H. Vogel and Charles W. Quatt explain how nonprofits of all types can increase the transparency and integrity of chief executive compensation practices as part of their stewardship of the public trust. As the authors examine important parts of the process such as board responsibilities, chief executive assessment, contracts, IRS regulations, legal standards and compensation packages, they guide nonprofit boards through the process of setting an effective chief executive compensation plan.

By: Brian H. Vogel and Charles W. Quatt

Publication Date: 2005

Number of Pages: 82

Price: 31.00 €

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