Nonprofit Pay Increases Reflect Economic Conditions, Shows New Study by Total Compensation Solutions
Reflecting economic conditions in the marketplace, the average salary adjustment for staff positions in nonprofit organizations decreased marginally from 4 percent to 3.8 percent between 2007 and 2008.
"Preliminary salary budget reports suggest that both for profit and nonprofit organizations are considering either a freeze on salary adjustments or minimal increases." Historical trends indicate a high degree of correlation between salary budgets and the consumer price index (CPI). "With a significant increase in the unemployed labor force and a lower CPI, many employers are simply being cautious about increasing pay," according to Gavejian.
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