Attracting Nonprofit Executives in a Tight Labor Market

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 12. September 2017 07:52
With the US unemployment rate at a little over 4%, considered "full employment" by some economists, there is increasing competition between the nonprofit and for-profit sectors for employees. The for-profit companies are also being much more aggressive about promoting the social aspect of employment as a recruiting technique. Employees seeking a mission, the traditional nonprofit talent pool for nonprofits, can now find jobs in for-profit companies that may offer what they want – some paid hours for volunteering, a company commitment to a cause, etc. [More]

How to Determine the Salary for a Nonprofit Executive

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 17. July 2017 08:07
All salary negotiations need to begin with research—both employer and employee need to collect meaningful data, not just anecdotes, about typical pay for genuinely comparable positions before beginning compensation discussions. This approach not only makes sense for employers and the executives—it is what the IRS and charity regulators require. [More]

Tips on Setting Nonprofit Executive Compensation in 2017

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 11. May 2017 10:20
There always seems to be plenty of interest in levels of nonprofit executive compensation – not only from federal and state government regulators, and even Congress on occasion, but also the media. The threat of financial penalties has heightened, but the loss of public support and credibility for charities is also a major factor. This is the time for tax-exempt organizations to increase the time and attention devoted to investigating, deliberating, documenting, and reporting executive compensation. [More]

Boards Need to Get Nonprofit Executive Compensation Right

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 3. February 2017 13:49
Boards of nonprofits are tasked with setting compensation for their executives, and there are some compelling reasons to do it right. [More]

What Matters in Setting Nonprofit Executive Compensation

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 10. January 2017 10:34
Boards setting nonprofit CEO compensation have a lot to consider – they need to set salaries that attract and retain the leaders needed by the charity and also fulfill their fiduciary responsibilities to allocate the charity money wisely. At the same time, they must be compliant with IRS regulations on “reasonable compensation” (and perhaps state regulations) with an awareness of the potential for public scrutiny. [More]