New Report Helps Nonprofits Fill Anticipated 101,000 Senior Management Jobs in 2009
MORRIS PLAINS, N.J., July 21 /PRNewswire/ — A “leadership deficit” in the nonprofit sector, projected at 101,000 open positions needing to be filled during 2009, makes attracting and retaining top talent a top priority, even in these economically challenging times. A new study from The NonProfit Times and Bluewater Nonprofit Solutions provides nonprofit decision makers the comprehensive salary and benefit information they need to successfully compete for qualified leaders from both inside and outside the nonprofit sector.
The sector also boasts a low full-time nonprofit employee turnover rate of 14.54 percent according to the new study. Greater employment stability, along with a mission-based focus and more competitive salaries and benefits, make nonprofit sector jobs particularly attractive today.
According to the National Council of Nonprofits:
- If the nonprofit sector were a country, it would have the seventh largest economy in the world according to GDP data compiled by the World Bank.
- With 9.4 million employees and 4.7 million volunteers, the nonprofit workforce consists of more than 14 million people and is 10.5% of America’s workforce.
- The nonprofit sector contributes almost $322 billion in wages to the American economy.
- The nonprofit workforce outnumbers the combined workforces of the utility, wholesale trade, and construction industries.
Last year, 25 percent of nonprofit leadership vacancies were filled through internal career advancement, 44 percent through in-sector hires and 21% from the corporate sector, according to The Bridgespan Group. Other studies show that about half of trailing baby boomers (44 to 50 year olds) are interested in moving into the social sector.
Here are the average salaries for the 10 most common positions among nonprofits from The NonProfit Times 2009 Nonprofit Organizations Compensation and Benefits Report :
In Order of Position Title Average Total Annual Most Common Cash Compensation -------------- --------------------------------- -------------------- 1 Executive Director $85,997 2 Chief Executive Officer / President $158,595 3 Executive Assistant $42,586 4 Program Director $59,564 5 Receptionist $26,649 6 Program Manager $48,768 7 Chief Financial Officer / VP $115,722 8 Program Coordinator $38,001 9 Administrative Assistant, Intermediate Level $31,060 10 Chief Development Officer / VP $102,248
Using the The NonProfit Times 2009 Nonprofit Organizations Compensation and Benefits Report, job seekers, as well as nonprofit executives, can find average salary and benefits information as well as job descriptions for 241 individual benchmark positions.
For additional information on 2009 nonprofit jobs, salaries and benefits see http://shop.nptimes.com.
ABOUT THE NONPROFIT TIMES
The NonProfit Times is published by the NPT Publishing Group, the leading information provider for the nonprofit sector since 1987, providing news, in-depth features, how-to articles and special reports on the latest trends and technology in the nonprofit world (www.nptimes.com).
ABOUT BLUEWATER NONPROFIT SOLUTIONS
Bluewater Nonprofit Solutions is a nationwide leader in providing compensation and benefit surveys, management consulting and credit card processing to nonprofit organizations. (www.bwnps.com).
THE NONPROFIT TIMES 201 Littleton Road Morris Plains, NJ 07950 973-401-0202 www.nptimes.com CONTACT: Bob Bruder-Mattson Bluewater Nonprofit Solutions 770-777-4828 email@example.com
SOURCE The NonProfit Times