How to Attract Talent with an Effective Compensation Plan
Employee compensation represents a significant portion of operating expenses, and, in not-for-profit organizations, there is typically a high degree of scrutiny by regulatory agencies, stakeholders, donors, watchdog organizations, and the press. At the same time, compensation that isn’t competitive with today’s market can severely hinder the ability of an organization to recruit and retain top talent, negatively impacting growth, innovation, and sustainability.
This in-depth white paper helps you align your compensation strategy with your organization’s culture and values so that you can attract and retain staff with the skills and experience necessary. It provides insights to ensure that pay practices comply with regulations, and helps you build a compensation plan that motivates and engages your team.
