| Nonprofit
Compensation |
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| 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. |
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| The
NonProfit Times Salary Survey |
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| The
NonProfit Times 2005 salary survey tracks the earnings of nine
executive management, fundraising, and technology positions
nationwide. To
Read Further (Requires Adobe Acrobat) |
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ASAE's
Annual Study on Association Executive's Salary and Benefits
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This article from the American Society of Association Executives
details important trends within the 2004 Association Executive
Compensation and Benefits Study (15th edition), including
the implications of various factors such as the variation
for various executive positions and the organization's location.
The article summarizes the latest information, using data
gathered from 2002-2004 by ASAE, and draws insightful conclusions
from the data.To
Read Further
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| Incentive Compensation
Plans in Nonprofits |
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Over
80 percent of top executives in the private sector participate
in annual incentive plans. Businesses have found such plans
to be powerful motivational tools for attracting and retaining
top talent, increasing productivity and, ultimately, achieving
corporate goals (increasing profits). New evidence shows that
the same principle can be applied effectively within the non-profit
community. To Read
Further.
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| Current
Trends in Nonprofit Compensation |
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This piece highlights the current growth levels in some nonprofits,
as well as delineating the reasons that the industry is currently
growing in those directions. Because of governmental scrutiny
and tightening tax standards, some sectors will only see modest
growth in salary. But in other sectors, salary growth will
continue because of a shrinking talent pool. To
Read Further.
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| Innovative
Compensation Practices in Nonprofit Organizations |
| 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.
To
Read Further
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