Reflecting Culture in a Mission-Anchored Compensation Strategy

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Effectively compensating the employees who deliver your school’s mission every day is critically important to its health and stability and must be balanced with a financially sustainable system. Adapting these practices as priorities change is healthy and essential for any school, but in practice, changes to a school’s compensation system can rock the cultural foundation of a school. When these changes are made in harmony with the school’s culture, however, they have the potential to fortify those cultural practices and provide financial and emotional support to faculty and staff for decades to come.

In this workshop, NBOA subject-matter experts will discuss with participants how compensation models currently found in schools can reflect the school’s culture and provide support for its mission and strategic goals. New and updated case studies from NBOA’s Mission-Anchored Compensation Strategies research and guidance will provide concrete examples of how schools are addressing challenges and incorporating culture into compensation work. Participants will receive guidance on the considerations each school should make when exploring, developing and implementing a new compensation system.

Recommended Audience: Heads of School, Business Officers, Human Resources Professionals and Controllers

Learning Objective(s):

  • Examine common compensation and benefits practices in schools.
  • Learn the essential factors to consider when developing an independent school compensation system.
  • Learn specific challenges and benefits associated with different compensation systems.
  • Learn best practices for compensation system implementation.

Pricing

Members: $320.00
Nonmembers: $450.00

Credit Information

CPE Credit

Field of Study: Personnel/Human Resources
Delivery Method: Group Live Based
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Recommended CPE Credits: 3.6

HRCI Credit

Recommended HRCI Credits: 3.0
HRCI Category: HR (General)

SHRM Credit

SHRM PDC Credit: 3.0
SHRM BoCK: HR Expertise (Total Rewards)

Instructors

Elizabeth Dabney

Senior Director, Research and Data Analysis

NBOA

Seattle, WA

As NBOA’s director, research and data analysis, Elizabeth Dabney leads the development, planning and management of industry research using data from the association’s Business Intelligence for Independent Schools (BIIS, pronounced “biz”) platform, in addition to other research activities as identified by the association’s strategic plan. Dabney’s research and analysis supports NBOA’s mission to inform NBOA members and other external stakeholders and encourage data-driven decision making throughout the independent school community. Dabney brings to NBOA more than 20 years of research experience. Previously, she was the director, research and policy analysis at the Data Quality Campaign, a nonprofit education policy and advocacy organization, and the nation’s leading voice on education data policy and use.

Full Bio »
Headshot of Patrick Schuermann

Patrick Schuermann, Ed.D.

Chief Strategy and Impact Officer

Optima Independent

Nashville, TN

Patrick Schuermann is one of the nation’s leading experts in educator compensation. He currently serves as chief strategy and impact officer for Optima Independent, which develops immersive teaching and learning experiences for educators and students leveraging VR & spatial computing platforms. In previous roles at Vanderbilt University, Schuermann founded the Professional Leadership Institutes at the Peabody College for Education and Human Development, and he developed, and for 8 years directed, the Independent School Leadership Master’s Program there. In 2022, Schuermann served as the lead researcher for NBOA’s Mission-Anchored Compensation Strategies initiative, the most comprehensive assessment of compensation and benefits practices used in our independent school community to date.

 


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Amber Stockham

Amber Stockham, SPHR

Senior Director, Human Resources Programs

NBOA

Pittsfield, MA

With 20 years of human resources-related experience, Amber Stockham, SPHR, brings expertise in regulatory compliance, talent acquisition and management, organizational planning, and compensation and benefits design to her role as director, human resources programs at NBOA. Prior to joining NBOA in 2020, her career spanned a variety of industries, including social services, manufacturing and construction. She found a passion for education when she served as the director of human resources at Miss Hall’s School, an independent day/boarding school for girls in grades 9-12 in Massachusetts. In her current role, Stockham develops and delivers highly practical and engaging programs, products and services on topics ranging from difficult conversations and employee supervision to benefits administration. Stockham holds a master of business administration from the University of Massachusetts Amherst. 

Full Bio »
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CPE Information
NBOA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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SHRM Information
NBOA is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). Webinars that have met SHRM's criteria to be pre-approved for recertification credit will be noted above. For more information about certification or recertification, please visit www.shrmcertification.org.

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HRCI Information
NBOA is a recognized provider of recertification credits. Webinars that have met the HR Certification Institute's criteria to be pre-approved for credit towards aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification will be noted above.