Articles

August 1, 2015

Recent Trends In Faculty Compensation – And Some Cautionary Notes

Does your school have a “mission based compensation” delivery system? Are the board and school leadership even familiar with the term? The concept of “mission based […]
August 1, 2015

Faculty Salary System Designs: Tradition and Innovation

I. An Interesting Model Picture a well known boarding school which has four compensation “strands”: 1. There is a typical, age based salary scale, up to […]
August 1, 2015

What About "Merit" Pay?

Many boards today are asking their heads and directors to explore the challenging concept of merit pay. In the corporate and business context merit pay seems […]
August 1, 2015

Ensuring Rational Faculty Salary and Benefit Systems: Time for a Dialogue

Where to Start? Every school needs to develop a philosophy of faculty compensation that should be tied to the school’s mission. Very few schools have thought […]
August 1, 2015

The Danger Of Inequities In Faculty Workloads

At some point, most teachers will raise the question of equity of workload both across divisions from lower to upper school and even within the same […]
August 1, 2015

Selling Your Benefits: What Teachers Need To Know

Most schools offer an array of benefits, some simple, some elaborate, some costly, some cost-conscious, but what all schools seem to have in common is faculties […]
August 1, 2015

Salary System Modeling: Thinking Through Your Decisions

Most independent and international schools have a salary system that resulted from administrators and faculty tinkering with the original model over time. The original model was […]
August 1, 2015

What Is “Deferred Compensation?” And Why Do So Many Heads Have It Or Want It?

Deferred Compensation is a method that allows heads to save more for retirement or other needs than they can save through 403 (b) or 401 (k) […]
August 1, 2015

The Safe Harbors Act: The Necessity Of Demonstrating Annual Compliance

Littleford & Associates provides, for US based schools, crucial information to avoid problems emanating from misinterpreting, or inadvertently overlooking “Safe Harbors” limits. What Constitutes Compliance? The […]
August 1, 2015

Income Opportunities In Tight Economic Times

With the value of their investment portfolios declining or uncertain, independent school parents may be decreasing their discretionary spending and charitable donations. However, from the research […]