<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=938154&amp;fmt=gif">
Retention and Hiring Strategies for Nonprofit Organizations

Retention and Hiring Strategies for Nonprofit Organizations



Every organization strives to hire the ideal employee, but the true test comes only after they start working. Finding the right people means identifying those passionate about your mission.

Employee Retention and Hiring Strategies

Whether you are ready to add to your team, or you want to keep your current employees happy, consider the following strategies.

Donors and Volunteers: Getting the Right People

A valuable resource is your list of donors and volunteers. Some may be seeking new career opportunities, and their commitment to your cause shows they have the passion you're looking for. Whether you need full or part-time help, this can be an excellent starting point.

Utilizing Agencies

Searching for candidates can be time-consuming and overwhelming, especially with the myriad responsibilities of a nonprofit executive. Staffing agencies can help by identifying and vetting candidates who meet your criteria.

Keep in mind that agencies charge fees, so you must weigh the cost against the time and resources you’d spend doing it in-house to decide which is best for your organization.

Turn to Remote Workers to Widen Your Reach

The rise of remote work has become a permanent fixture in the nonprofit sector. Remote workers allow you to expand your search beyond your local area, letting you find the best talent from across the country or even globally.

Hire Part-Time Staff

Hiring full-time staff can be costly, considering salaries and benefits. This can make organizations hesitant to hire even when they're understaffed.

Part-time employees offer a flexible solution, allowing you to control payroll costs better and potentially save on benefits. This approach can help address staffing shortages without the higher costs of full-time employees.

Align Salary Ranges With For-Profit Entities

Nonprofits often struggle to match the salaries offered by for-profit organizations, making it hard to attract and retain top talent.

To stay competitive, look for ways to reallocate funds within your organization to offer more competitive compensation packages. Investing in qualified employees will help your organization grow and operate efficiently.

Utilize Outsourced Accounting

Managing daily operations while keeping up with back-office duties like payroll and accounting can be challenging for nonprofit executives. If hiring a full-time accountant isn't feasible, consider outsourced accounting services.

These services allow you to work with external firms to handle your accounting needs, saving you time and reducing stress.

Attract and Retain Talent

By exploring these strategies—tapping into your existing network, utilizing staffing agencies, embracing remote work, hiring part-time staff, aligning salary ranges, and outsourcing accounting—your nonprofit can attract and retain the right people to help fulfill your mission and drive your organization forward.

Request More Information

© 2024 SVA Certified Public Accountants

Share this post:


Biz Tip Topic Expert: Kirsten Houghton, CPA, MBA

Kirsten Houghton, CPA, MBA

Kirsten is a Principal with SVA Certified Public Accountants and her expertise includes the nonprofit and real estate industries. In addition to providing audit, accounting, and tax services, Kirsten also provides review, compilation, and management advisory services.

Awards and Affiliations

milwaukee-business-journal-largest-milwaukee-area-accounting-firms-2022-logo2
sva-certified-public-accountant-affiliation-wicpa
SVA_US_English_2024_Certification_Badge-white
AT-Regional Leaders-Logo-white-2024
IPA - Award Logo - Top 200 Firms-02
sva-certified-public-accountant-affiliation-m-power-business-champion-program
sva-certified-public-accountant-affiliation-aicap-ebpaqc-member
2023ECA_Finalist-white
sva-certified-public-accountant-affiliation-aicpa

Locations

Madison, WI
1221 John Q Hammons Dr, Suite 100
Madison, WI 53717
(608) 831-8181

Milwaukee, WI
18650 W. Corporate Drive, Suite 200
Brookfield, WI 53045
(262) 641-6888

Colorado Springs, CO
1880 Office Club Pointe, Suite 128
Colorado Springs, CO 80920
(719) 413-5551

SVA BBB Business Review Man Standing

Contact

(888) 574-4782
info@SVAaccountants.com
BizTips

Are you in the know on the latest business trends, tips, strategies, and tax implications? SVA’s Biz Tips are quick reads on timely information sent to you as soon as they are published.

Connect With Us

Copyright © 2024 SVA Certified Public Accountants | Privacy Policy | Cookie Policy | CCPA