Top 20 Employee Benefits Offered By NY Nonprofits

The nonprofit jobs that were most likely to receive bonus pay were examined in a post last week. Today, we will take a look at some of the non-cash perks that are given to employees.

Benefits given by organizations in one state are not necessarily the same in another. Nowhere is this more true than in New York, home to some of the most diverse groups of nonprofits in the country. In The NonProfit Times' 2012 New York Nonprofits Salary and Benefits Report, employee benefits are studied at the many organizations based in the Empire State. From the large organizations in the heart of Manhattan to the government-related groups in Albany, nonprofits in this state give a wide range of perks to their workers.

Based on the 34,243 individuals surveyed for this report, we were able to determine that the following 20 benefits were the most common among New York nonprofits:

• Paid Company Holidays -- 87.99%
• Medical Insurance Coverage -- 87.39%
• Retirement Benefits -- 78.80%
• Paid Vacation -- 78.21%
• Paid Sick Leave -- 75.14%
• Paid Bereavement Time -- 69.55%
• Dental Insurance Coverage -- 61.58%
• Paid Personal Days -- 61.45%
• Flextime -- 46.55%
• Basic Life Insurance -- 43.79%
• Flexible Spending Account Benefit -- 39.78%
• Short-Term Disability -- 36.39%
• Free/Subsidized Parking -- 33.74%
• Business Casual Days -- 33.00%
• Paid Floating Holidays -- 32.12%
• Long-Term Disability -- 30.77%
• Domestic Partner Coverage -- 30.54%
• Employee Assistance Plan (EAP) -- 28.08%
• Full-Time Business Causal Policy -- 25.37%
• Paid Association/Professional Society Dues -- 24.48%

You can purchase the New York Nonprofits Salary and Benefits Report, as well as our other four studies, on our online store.

New York Nonprofit Salary Information

There are few states that have as much diversity in the nonprofit sector as New York. From famous organizations such as Charity: Water in New York City, to the government-related nonprofits of the Capital region, there are plenty of opportunities in the Empire State.

That's why, for the 2012 Nonprofit Salary and Benefits Reports, The NonProfit Times released a dedicated report for New York nonprofits.

The 2012 Nonprofit Organizations New York State Salary and Benefits Report is the ideal guide for managers who want to make sure they are offering compensation in line with competitors. It stands to reason that a large charity in Manhattan will offer vastly different salaries and benefits to workers than in smaller regions of the state, which is why the report offers a baseline on salary and benefits so you will be in line with your peers.

As any successful nonprofit manager knows, salary is just half of the picture when it comes to compensation, especially with top-of-the-line jobs. That's why the New York Salary and Benefit Report lists the top executive perks given in the state. Additional vacation days and a car or car allowance were most common among New York's nonprofits, with more than half offering these perks to their top executives. It should be no surprise, then, that these positions have some of the lowest turnover rates of those surveyed for the report.

Other information included in the NY Salary and Benefits Report include:

• Annual Salary Increases (executive and non-executive);
• Base Salary and Total Cash Compensation data with percentile rankings for each position;
• Total compensation costs as a percentage of operating expenses;
• Employee profile data: number of full/part time; exempt vs. nonexempt;
• Retirement Plans (maximum contributions, eligibility, plan offerings, participation rates);
• Executive Employment Agreements (organizations offering, terms and conditions);
• Part Time Employee Benefit Offerings;
• Overtime Practices – exempt vs. non-exempt staff;
• Flexible Spending Accounts (offerings, maximum contribution percentile rankings); and,
• General Benefit Offering (covers 34 unique benefit programs).

This report can be purchased, along with the four other Salary Reports, on The NonProfit Times' online store.