On August 31, a federal judge in Texas struck down the Obama-era federal overtime rules that would have raised the minimum salary level for exempt employees under the Fair Labor Standards Act from $23,660 to $47,476. Man
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How do you lead strategy when you’re expected primarily to solve problems?
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Article by Jennifer Osland Hillen
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Communication
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Enrollment
From continuous enrollment contracts to on-time discounts, schools are finding more ways to modernize and streamline the annual re-enrollment drama.
11 min read
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Employee Benefits
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Regulatory Updates
Schools with 50 or more employees could receive assessments for even a single instance of non-compliance.
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Independent schools are taking a wary look at provisions of both the GOP House and Senate tax reform bills that have been proposed over the last week.
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Clear demonstrations of mutual respect are the starting point to bringing faculty to the side of finding long-term financial solutions.
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The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify exceptional integrity, knowledge and motivation. At the end of each school year
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A call to action in support of data-driven decision-making.
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Tuition deductions, housing allowances among tax-free benefits on chopping block.
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Flexible payment options can help ensure a reliable flow of tuition dollars — but disclosure requirements apply.
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The benefits of internal leadership succession are too great for schools to ignore.
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Environmental Sustainability
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Facilities
From the archives: Sensible tips that take the whole campus into account.
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Six trends in managing financial aid and the families who request it. Many of today’s parents place less value on “the frills” of traditional independent schools, complicating the relationship between price and willingne
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Drawing on extensive data analysis and in-depth, campus-wide discussions, leaders at Greenhill School are on a five-year path toward reducing costs, increasing revenue and sustaining a financially diverse student body.
11 min read
From the archives: The IRS took a closer look at independent schools’ Form 990s, employee fringe benefits and more in the 2015–2016 school year.
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Robust enrollment remains critical — but the real emphasis (for a growing number of schools) is net tuition revenue. Results: improved enrollment, net revenue and overall financial stability.
13 min read
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Communication
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Enrollment
Veteran independent school marketers discuss the importance of a school’s website in enrollment management, targeted recruitment and retention.
7 min read
The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify exceptional integrity, knowledge and motivation. At the end of each school year
2 min read