Hiring and retaining great workers is one of the biggest challenges we face as nonprofits. That’s why Common Good Vermont partners with NH Center for Nonprofits and Maine Association of Nonprofits to collect the latest data on wages and benefits from our tri-state area. Each state produces a state-specific report on Wages and Benefits based on the data collected in this survey.
The Report tells an important and deeply informative story about the health and viability of our sector including best practices to help you make decisions in your organization.
In Vermont, our nonprofit sector employs about 69,000 jobs which translates to 1 in 7 workers (data.commongoodvt.org). We contribute about $5.7 billion per year to the economy through wages paid, retail and wholesale purchases and professional service contracts. Understanding how employment and hiring in our sector is changing is an essential step in planning for what comes next for nonprofits, our people, and our communities.
2022 Vermont Nonprofit Wages & Benefits Report
Why Purchase the Report?
- Talent Matters: People power our missions and to attract and retain talent nonprofits need to set competitive wages and benefits.
- Reliable + Relevant: Nonprofits must justify organizational compensation to their boards, the IRS, and the general public. This tool is the most relevant source of information available to help Vermont nonprofits develop a competitive compensation strategy AND comply with IRS regulations requiring nonprofit boards to document their process for setting executive compensation.
- Vital Sector Trends: Timely information about nonprofit staffing and compensation is perhaps more important than ever. This year, the report includes important data about the impacts of the pandemic on nonprofit staffing, wages and benefits, as well as look at executive director wages by race, gender and experience.
How much does the Report Cost?
The cost for the 2022 Digital Report is $125 for non-participants of the survey. The Survey is conducted every two years and participants of the Survey receive the Report for free. The next survey will be conducted in 2024.