Nonprofit Salary and Benefits Report Available
Nonprofits across the board saw salary increases move up on average 2.1 percent for executive and administrative staff this year, according to the results of the new The NonProfit Times/BlueWater “2010 Nonprofit Organizations Salary & Benefits Report” just issued. The survey is among the most extensive compensation survey ever conducted, covering 259 titles and 34 benefit offerings.
A first is a new report in the study on executive job family. No other study provides a report on what percentage of the operating budget accounts for the top 15 executive posts at nonprofits.
The study also offers an in-depth look at benefits, often a big percentage of compensation costs that get little attention. The benefits portion of the study examines executive bonus and benefits, including participation and eligibility rates for retirement plans.
One interesting finding is employee turnover, that appears to be higher among larger organizations than smaller ones. Overall, turnover at all organizations averaged 9 percent, with employees staying at an organization, on average, 6.2 years.
Eighty-five percent of all organizations surveyed offer some type of medical plan for employees, with two thirds of respondents indicating they offer a PPO plan. Employee participation in any medical plan was more than 53 percent, with the highest rates for EPO plans.
Almost 37 percent of nonprofit operating budgets are spent on total cash compensation costs. The average salary for a nonprofit chief executive officer/president last year was $111,838. The median salary was $90,000 while the maximum was $650,000. The average tenure for a nonprofit CEO is 9 years.
More than 36 percent of nonprofits pay their CEO a bonus of some kind. More than 20 percent of nonprofits offer their executives some form of executive benefit, with the most common a car or car allowance. Additional vacation days ranked second in popularity.
New to this year’s report is a table in each section that displays, at a glance, the changes in data from 2009 to 2010 .
The study can be purchased from The Non-Profit Times.