Competitive compensation is key to finding – and retaining – employees. It also represents a significant operating expense, and in nonprofit organizations, there can be a high degree of scrutiny by regulatory agencies, stakeholders, donors, and the press. The portion of the budget allocated to salaries, if not program related, can affect a public charity’s standing and ability to attract funding.
This white paper helps nonprofit organizations align compensation strategy with your culture and values, attract and retain staff with the skills and experience necessary, and maintain internal equity and market competitiveness.
Over 21 tips, traps, and trends are provided to guide you along the way, helping you create better job descriptions, understand job valuations and market pricing, and how to create clear, equitable, compliant pay structures. This guide assists you in creating a holistic strategy that aligns compensation planning and delivery with organizational culture, values, and priorities.