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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.