Responsibilities: Ensures compensation policies reflect youth and grassroots equity.
Expertise: Community leadership, inclusivity, social justice.
9. Legal and Ethics Advisor
Responsibilities: Reviews contracts, legal risks, and ethical concerns in compensation.
Expertise: Board policy, ethics, governance law.
BUSINESS PLAN: 2025 – 2027
Vision Statement
“To establish and maintain a world-class, transparent, performance-linked, and equitable board compensation system for SayPro Royal that attracts, retains, and motivates top governance talent.”
Strategic Goals
Strategic Pillar
Description
Transparency
All board members are aware of compensation policies and changes.
Equity
Compensation is fair and inclusive, especially across gender, age, and geographic lines.
Performance
Compensation is linked to clear KPIs and governance impact.
Sustainability
Funding structures are viable and aligned with SayPro’s financial strategy.
Ethics & Compliance
Adheres to laws, governance codes, and ethical principles.
Key Focus Areas and Deliverables
Year
Focus Area
Activities
Expected Outcome
2025
Policy Development
Draft and approve SayPro Royal Board Compensation Policy
Approved policy framework and compensation model
2025
Benchmarking
Research local/international remuneration trends
Industry-aligned compensation structure
2026
Implementation
Introduce honorariums, benefits, and rewards
Board incentives operationalized
2026
Performance Evaluation
Develop board KPI dashboard
Results-linked rewards in place
2027
Review & Innovation
Assess impact and redesign as needed
Continuous improvement in board engagement
Financial and Resource Plan
Annual Budget Components:
Compensation disbursement fund (honorariums)
Legal and compliance consultation fees
Data analysis and research reports
Technology platform (for evaluations and policy access)
Board training and development sessions
Funding Sources:
SayPro Governance Budget
Donor allocations for transparency and governance development
Partnership grants for board development
Monitoring & Evaluation Framework
Indicator
Measurement Tool
Frequency
Board Satisfaction
Annual Survey
Annually
Policy Compliance Rate
Internal Audit
Bi-annually
Performance Alignment
KPI Dashboard
Quarterly
Gender & Youth Inclusion
Inclusion Report
Annually
Budget Adherence
Financial Report
Quarterly
🚨 Risk Management Plan
Risk
Likelihood
Impact
Mitigation Strategy
Misalignment of budget
Medium
High
Regular cost projections and reviews
Perceived unfairness
High
Medium
Clear communication and participatory design
Legal non-compliance
Low
High
Regular legal audits and updates
Donor reluctance to support board pay
Medium
Medium
Transparency, justification, and benchmarking data