Board Policy for Approval of Compensation
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Fair Compensation Policy Template
Pay Fairly. Decide Clearly. Build Trust.
Looking to ensure your nonprofit approaches pay with fairness, transparency, and consistency? This easy-to-use digital template gives you a clear starting point for making thoughtful, equitable compensation decisions—free from bias or guesswork.
What’s Inside:
Customizable Policy Template – Tailor it to reflect your organization’s size, structure, and values
Built-in Safeguards – Helps prevent undue influence or favoritism in pay decisions
Clear Framework – Outlines how to evaluate roles, responsibilities, and compensation ranges
Why It Helps:
Supports compliance – Helps you stay aligned with employment laws and nonprofit best practices
Promotes fairness – Reinforces your commitment to equity and transparency
Improves retention – Helps you offer competitive, mission-aligned pay
Simplifies decision-making – Provides a clear structure for salary discussions
Builds trust – Shows staff, funders, and your board that you’re stewarding resources responsibly
Because how you pay people is a reflection of how much you value them—and your mission.