As a donor, I’m nervous about charities that pay fully competitive wages, although it only gets about 2% weighting in my decisions. If someone can clearly make more money somewhere else, then that significantly reduces my concern that they’ll mislead me about the value of their charity.
Fair enough; we certainly paid much less than people could make in the private sector at CAIP, for essentially that reason. It’s good for nonprofit staff to have some skin in the game.
My suggestion to consider more competitive wages is mostly a response to Oliver suggesting that LTFF has had a serious and long-term challenge in hiring as many people as they would need to fully accomplish their mission.
As a donor, I’m nervous about charities that pay fully competitive wages, although it only gets about 2% weighting in my decisions. If someone can clearly make more money somewhere else, then that significantly reduces my concern that they’ll mislead me about the value of their charity.
Fair enough; we certainly paid much less than people could make in the private sector at CAIP, for essentially that reason. It’s good for nonprofit staff to have some skin in the game.
My suggestion to consider more competitive wages is mostly a response to Oliver suggesting that LTFF has had a serious and long-term challenge in hiring as many people as they would need to fully accomplish their mission.