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Policy Section: Operational – Human Resources |
Policy Number: OHR-2 | |
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Policy: Compensation and Benefits |
Date Approved: September 17, 2003 | |
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Last Date Reviewed: Nov 2007 | |
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Last Date Revised: | |
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Number of Pages: 1 | |
To attract and retain competent employees, the AWNA strives to set a fair, comprehensive and competitive compensation package. The compensation package needs to reflect both the job requirements, and the AWNA’s ability to pay the desired salary and benefits.
Parameters
1. The Executive Director cannot change his or her own compensation and benefits.
2. The Executive Director ensures that compensation and benefits packages reflect both the geographic and professional market for the skills employed, and takes into consideration similar size and types of associations.
3. The Executive Director cannot promise or imply permanent or guaranteed employment.
4. The Executive Director cannot establish deferred or long-term compensation that causes unfunded liabilities to occur, and/or commits the AWNA to benefits that incur unpredictable future costs.
5. Registered Retirement Savings Plan (RRSP)
a) The AWNA contributes to employees’ RRSPs by matching up to 2% of each employee’s salary. This payment cannot exceed $100.00 monthly for each employee.
b) The RRSP benefit is deposited directly to a RRSP of the employee’s choice.
