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.