So you're interested in working in the nonprofit sector, but you're not quite sure if you can live off of charitable paychecks. The question is do you really know what a nonprofit is willing to pay for your skills and experience. The answer may, or may not, surprise you.
Baby boomers are retiring (about 67% by 2016) and numerous charities will be in search of a great replacement for them. Your for-profit skills can be a tremendous asset to organizations who are constantly looking for ways to fund their causes and daily operation expenses. Creativity is the key, not just to a nonprofit job, but to their bank as well.
Organizations now have to offer a more competitive pay in order to entice better candidates. The increase in pay is often accompanied with a boost in rank. Be mindful that nonprofits are restricted by the IRS when it comes to how high of a salary they can pay an individual.
So, is pay just part of the picture, but not the complete frame? Well take into account the other benefits that come with working for a charitable organization. You may receive better medical benefits, flexible hours, and work-life balance amongst other things. The best gift of all is the personal satisfaction that comes from you doing your job...helping the community. What more can you ask for?
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