Candidates for non-profit leadership roles often have for-profit or commercial backgrounds, and the reality is that non-profits are often unable to match the salaries they received in those roles. However, recent studies indicate that, among top talent, salary isn’t always the most important factor in a total rewards package.
Topics: non-for-profit, Non-profits, competing for talent, nonprofit, Nonprofit Board, leadership, Not-for-profit leadership, talent aquisition, how-to, Diversity, Equity and Inclusion, diversity, equity, inclusion
Unexpected leadership vacancies affect every industry, but with not-for-profits they can be particularly burdensome because they may highlight an organization’s budgetary restrictions, weaknesses in its compensation strategy and larger questions about its retention ability.
Recently we helped a client with a situation that illustrates how important it is to be confident in your leadership pipeline. A fast-growing healthcare-related not-for-profit lost its long-time chief executive officer (CEO) to an unexpected early retirement. No successor had been identified, and the not-for-profit turned to an outside search.
Topics: not-for-profit, NFP, Angie Salmon, retain talent, leadership, recruitment, Hal Wallach
