Not-For-Profit Executive Pay Up Over 7% from Last Year
ARMONK, N.Y. (PRWEB) February 13, 2018 -- Executive Pay in the not-for-profit sector on average increased 7.3% from last year according to a survey published by Total Compensation Solutions (TCS). TCS observed a range of average Executive pay increases from 6.6% to 8.2% for the top five executives in the survey.
TCS calculated these increase percentages using only matched sample data from 2016 to 2017. “We looked at compensation from organizations that reported data for the same position in both years” notes Tom Bailey, Survey Project Manager. “These increases were slightly higher than when we looked at similar data two years ago”.
Data from 901 organizations in the not-for-profit sector are reported in the 2017/2018 Not-for-Profit Compensation Survey. This is the 15th edition of Total Compensation Solutions’ not-for-profit survey. The survey reports compensation data for 79 positions. Peer groups are provided for: five geographic regions; five not-for-profit industry types; and by five operating budget groups. Data is displayed by average; 25th, 50th & 75th percentiles; and includes bonus information as well as salary range information. The survey also reports on the practices of participants regarding: health & welfare benefits, retirement benefits, annual increases, Paid Time-Off (PTO), and bonus/incentive plans and practices.
TCS reported several additional points from the survey including:
- When compared to the other industry sub-sectors in this survey, Membership Organizations have the highest median base salaries for 30% of the job titles and Health & Welfare/Education organizations have the highest median base salaries in 23% of the job titles.
- When compared to the other geographic regions of the country, the Western region has the highest median base salaries for 38% of the job titles and the Northeast Region has the highest median base salaries for 26% of the job titles.
- The strongest indicator of compensation in this survey is the size of the operating budget. Seventy-four percent (74%) of the positions in this survey had the highest median base salaries when in the largest operating budget cut (Over $50 million).
Copies of the 2017/2018 Not-for-Profit Compensation Survey are available from TCS (http://www.total-comp.com). If you have questions regarding this report, please call TCS at (914) 730-7300 or email questions to: Tom Bailey [email protected] or Paul Gavejian [email protected].
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Total Compensation Solutions is an independent human resources consulting firm that assists clients in achieving their strategic compensation objectives. The firm uses market data to identify best practices in a variety of topical areas including: board compensation; executive, middle management and staff compensation; performance management; organization structure; health and welfare; and retirement benefits. From offices in Armonk, NY, TCS gathers and reports information on compensation, personnel practices and benefits and as a trusted advisor to management applies the most effective, market-driven solution to each organization’s unique set of circumstances. TCS provides comprehensive compensation consulting services to organizations in a variety of industries. For more information, visit http://www.total-comp.com or contact us at:
Total Compensation Solutions
200 Business Park Drive
Armonk, NY 10504
Phone: (914) 730 – 7300
Fax: (914) 730 – 7303
Thomas Bailey, Total Compensation Solutions, http://www.total-comp.com, +1 (914) 730-7300, [email protected]
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