nonprofit_JCosentino_HiringPractices.mp4 

Caption

So, I think that a nonprofit can hire just like, really any business.
How you go out and recruit people, and make decisions about people,
I don't think that's different from the nonprofit space to the profit space.
Where you really need to pay attention, though, if you're a nonprofit,
starts from the fundamental principle that nonprofits cannot operate for anyone's private benefit.
It's for the public's benefit, not the private benefit.
And where that comes into hiring is really what you're going to offer someone as their pay.
It is critical that nonprofits pay their people reasonable compensation.
And when I say reasonable compensation, I don't mean just what the people think, 'well that sounds right',
it really has to be reasonable based upon data. If you're a small nonprofit,
you can get a compensation report that comes out every year from an industry group
to see what is reasonable compensation for the different positions in your organization.
If you're a bigger organization, well then you may need to bring on a compensation consultant
that will help you decide what's reasonable for the different positions in the organization.



Hiring Practices
Julia Cosentino

So, I think that a nonprofit can hire just like, really any business. How you go out and recruit people, and make decisions about people, I don't think that's different from the nonprofit space to the profit space. Where you really need to pay attention, though, if you're a nonprofit, starts from the fundamental principle that nonprofits cannot operate for anyone's private benefit. It's for the public's benefit, not the private benefit. And where that comes into hiring is really what you're going to offer someone as their pay. It is critical that nonprofits pay their people reasonable compensation. And when I say reasonable compensation, I don't mean just what the people think, 'well that sounds right', it really has to be reasonable based upon data. If you're a small nonprofit, you can get a compensation report that comes out every year from an industry group to see what is reasonable compensation for the different positions in your organization. If you're a bigger organization, well then you may need to bring on a compensation consultant that will help you decide what's reasonable for the different positions in the organization.