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Nonprofit Executive Team Compensation
Our consulting services include expert advice for nonprofit executive compensation. Nonprofit Executive Directors, Chief Financial Officers, and Fundraising Professionals need to be compensated appropriately to ensure they remain with the organization.
Nonprofit CEO compensation depends upon an array of unique factors including the nonprofit structure itself. This makes standardized compensation packages hard to neatly package and understand. In most cases, not-for-profit CEO compensation is noncash. No compensation of any kind is actually offered to select nonprofit CEOs.
Many nonprofit organizations do not have the finances to compensate their CEOs and executive directors, and this may not be a bad thing for them. Commonly, major donors disapprove of using donations to support such volunteering. This is why the Executive Benefit Programs that we recommend function well in the nonprofit realm.
Because of scrutiny of donors who are looking for organizations that manage their overhead including the cost of fundraising will appreciate that the majority of their donations are going into programs and not into salaries.
Executive Compensation
Our consulting services include expert advice for nonprofit executive compensation. Nonprofit Executive Directors, Chief Financial Officers, and Fundraising Professionals need to be compensated appropriately to ensure they remain with the organization. Navigating this issue is often tricky since nonprofits traditionally have lower compensation than the for-profit sector and need to compete for talent.
Tom Ligare, CLU®, CAP® is uniquely qualified to design compensation plans that are beneficial to the executive and to the organization. Because of scrutiny of donors who are looking for organizations that manage their overhead including the cost of fundraising will appreciate that the majority of their donations are going into programs and not into salaries.
Competitive Benefits Create High-Performing Workplaces
Nonprofit Professional Services ensures that organizations attract and retain top talent, assisting in building salary structures and retirement programs that are externally competitive and internally equitable. Contact us today at (805) 684-0109 to learn more.
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Build Your Team’s Benefits
We’re here to set your organization on the path to success. That starts with fundamental structure and organization that enables you to remain mission-driven.