we discuss how your annual fund can be a foundation for campaign gifts, our latest salary survey results concerning School Head compensation, and how ‘match points’ can address scheduling issues.
Special Invitation for private-independent schools: The Policy Institute in Boston, MA. Examine the four Ps of proactive risk management at this full-day workshop—policy, protocol, procedure, and prevention. Reduce liability, establish continuity, and balance victim-friendly practices with your risk management team. Friends of ISM can register using a complimentary coupon code. Learn more..
ISM believes in partnering with all of our clients, enriching their culture with mission-appropriate student and employee coverages, and enhancing their administrative practices with our renowned theory. It’s our 360 Risk Management approach! Contact us today to learn more about our school-centric plans.
Jan.15–17 and Jan. 18–19, 2014 in Orlando: Get empowered and energized—learn to lead in a proactive, healthy way that will bolster your personal and professional life. Come for personal leadership...and stay for the professional leadership course!
Feb. 8–9, 2014 in Houston, TX: Spend the weekend with your team, learning to use ISM’s new research-based workbook for teacher professional growth and evaluation that directly impacts student satisfaction and achievement. Get special team pricing to boot.
January 11–12, 2014 in Houston, TX: Strategic financial planning puts you on the path to become the school for the next generations. Over a weekend, get the tools to financially manage your school’s growth and viability while working with an ISM expert. Return to your school with the foundation of your plan. This hands-on class is ideal for Heads, Trustees, and Business Managers.
You’ve most likely begun your health care measurement period, if not already completed it, to determine how many full-time equivalent (FTE) employees your school employs. However, there still seems to be lingering confusion on blogs and forums across the Web.
Your school’s budget is dependent on your enrollment—even with a solid strategic financial plan. The loss of even one student can be enough to shake the foundation of your school’s plans. That’s why you have parents sign a contract when enrolling that includes your policy on full-tuition deadlines and penalties for late withdrawals. But, what happens when a family argues that your policies aren’t fair—and the courts side with them?
If your school is on the smaller side, you might find yourself extended far beyond the traditional roles and responsibilities of Business Offer. You probably take on some of the duties of the HR person, and possibly even the Facilities Manager.
Q: This new legislation has me baffled! We have 12 participants out of 45 full-time employees. Our insurance company is jacking our rates up on our effective date of November 1, 2013—with the promise of increasing 35% to 65% next year. I don’t think it’s worth continuing to offer coverage for 12 participants when facing that sort of increase, but I think when looking at our measurement period data that we must. Can you explain what full-time equivalent means?