Wednesday, March 16, 2011

Employee Turnover at Nonprofits at 9%

Note: This is a summary of a past NPTtv story about Employee Turnover at Nonprofits.

With an economy that is lacking jobs, employees are staying at their organizations longer.  As a result, according to The NonProfit Times/BlueWater “2010 Nonprofit Organizations Salary & Benefits Report, employee turnover at NPOs came out at only 9%.  In addition, employees are staying at their organizations at an average of 6.2 years.  Other findings of the report include:

  • The average tenure of a nonprofit CEO is 9 years
  • 37% of operating budgets are spent on total cash compensation costs
  • The average annual salary for a nonprofit CEO/President is $111,838
  • Average cost of an employee including benefits and other costs is $85,296
You can see more results from the survey by visiting nptimes.com.

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