TRANSITION RESOURCES -
NONPROFIT
COMPENSATION
We at DRG are often asked by employers for salary surveys that will help
establish appropriate nonprofit compensation levels. While these surveys can
be helpful, each institution must take into account many factors are
difficult to sum up in salary survey, such as geographical region, size of
budget, type of organization, and specific responsibilities when determining
their salaries.
In this interview with Paul Gavejian, managing director of a human resources
consulting firm, the data regarding bonus and incentive trends in nonprofit
organizations from a 2007/2008 survey are highlighted. Gavejian addresses
the growing prevalence of formal bonus plans for nonprofit executives along
with what this growth is attributed to in his professional opinion.
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further.
The Nonprofit Times salary survey tracks the earnings of nine executive
management, fundraising, and technology positions nationwide.
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further (The survey is available through the NP Times for a fee.)
In part 2 of the interview with Paul Gavejian, total compensation trends are
discussed. Gavejian sheds light on how trends in compensation affect
competitiveness of salaries, and how compensation shifts will impact the
ability of nonprofits to compete in the marketplace for executive talent.
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further.
Over the last several years, interest in nonprofit compensation has been
growing. The growing understanding of the need to recruit and retain quality
staff has added to the concern over how to structure compensation policies
and programs to be fair and competitive. Incentive plans and other
innovative compensation and human resources practices are becoming critical
elements in the organizational strategy of many nonprofit organizations.
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further.