Nonprofits must compete with for-profit organizations to attract the talent they need to operate, grow, and thrive. To get pay right, you need up-to-date compensation data specific to the nonprofit industry as well as occupational data to determine benchmark jobs and adjust pay to a changing market. Payscale can help.
Following the pandemic, employees want to be able to work from home at least some of the time. Nonprofits are considering location-based pay strategies that can accommodate remote work.
After a rough few years with rising inflation and increased opportunity, the talent you are most anxious to keep is also the talent you are most likely to lose if your employees' pay doesn't keep pace with the market.
In a hot job market, opportunity is everywhere. Nonprofits need to offer more compelling salaries and total rewards packages to attract and retain the highly skilled talent they need to thrive.
Nonprofits are under increased scrutiny to ensure that commitment to diversity, equity, and inclusion is observable, consistent, and transparently communicated--starting with pay.
Payscale gives you access to current salary data that you can cut any way you like it — even by competitors! — so you can make pay decisions right now.
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The Payscale Index is publicly available data that tracks and compares wage growth by city, industry, company size, and job category. The Payscale Index draws from Payscale's Employee Reported data which includes a salary data cut specific to the finance and insurance industry.
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