Nonprofit Wages & Benefits Survey & Report of Northern New England
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. This year’s survey includes additional COVID-19 questions to help assess the short-term impacts of COVID-19.
While we do not know the full impact of COVID-19 on the nonprofit sector, early data suggests that employment has changed dramatically in the short-term. As demand for nonprofit services increases, recent data from Johns Hopkins 2020 Nonprofit Employment Report projects that 1.6 million nonprofit jobs (13%) nationally have been lost between March and May of last year.
In Vermont, our nonprofit sector employs about 69,000 jobs which translates to 1 in 7 workers. We contribute about $5.7 billion per year to the economy through wages paid, retail and wholesale purchases and professional service contracts. Understanding how our sector is changing as a result of COVID-19 is an essential step in planning for what comes next for nonprofits and our communities.
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 survey will collect 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 2020 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.
Special Thanks to Our Sponsors & Marketing Partners:
Ben & Jerry’s Foundation | High Meadows Fund
United Ways of Vermont | United Way of Northwest Vermont