A new study has announced troubling findings. Washington’s Eugene and Agnes E. Meyer Foundation suggest that many nonprofits will not be offering raises this year and some will increase pay by only a mere percentage.
Meanwhile, two-thirds of all nonprofit CEO’s are planning to Leave within 5 Years. As many as 3,000 charity executives find that organizations are unprepared for the wave of leadership transitions about to hit them.
Nonprofit leadership is shaky as many organizations already shaken up by the current US recession, the high stakes of a botched leadership changeover, which is considered high.