How Nonprofits Can Attract Talent with an Effective Compensation Plan

Competitive compensation is key to attracting and retaining employees. It also represents a significant operating expense, and nonprofit organizations may face a high degree of scrutiny from regulatory agencies, stakeholders, donors, and the press. The portion of the budget allocated to salaries, particularly when it is 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 their culture and values, attract and retain employees with the necessary skills and experience, and maintain internal equity and market competitiveness.

More than 21 tips, traps, and trends are provided to help organizations create better job descriptions, understand job valuation and market pricing, and build clear, equitable, and compliant pay structures. This guide supports a holistic strategy that aligns compensation planning and delivery with organizational culture, values, and priorities.