Nonprofit Ace Podcast

Let's Talk About Compensation

(Compensation's Role in Hiring, Compensation in the New Year)

 

This season on Nonprofit Nuggets, we will be focusing on recent stories about various nonprofits missteps and how to avoid some of these mistakes. 

 

Episode Summary

 

Compensation is a major topic within any industry, and nonprofits are no exception. Making your nonprofit competitive regarding wages is important to attracting key talent and can affect your funding and financial outlook. This week on Nonprofit Nuggets, we discuss recent news regarding compensation within nonprofits, and how to position your hiring strategies around certain principles. We review this and offer tips on how to avoid common mistakes. Tune in! 

 

Highlights

• Balancing being mission-driven vs focusing on funding
• Understanding compensation’s role in acquiring talent 
• Strategic Hiring

Thanks for tuning in to this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share this episode! 

 

Resources

• https://www.cnrgaccountingadvisory.com/About/
• https://nonprofitnuggets.podbean.com/
• Register for Ready, Set, Process
• Link to Article: Manager Pay Level Drives Misreporting of Nonprofit Financial Performance

Full Interview: Cherrise Wilks

This interview series will be with Cherrise Wilks.  Cherrise is a giver of information, guidance, counsel, and mercy, with a mission to serve others, to meet their sushi goals and find the resources they need. She's an experienced administrator with over 18 years in federal state, local government and nonprofit sectors. Ms. Wilks recently served as an emergency manager slash community development specialist, and formally as a hazard mitigation grant specialist for the US Department of Homeland Security, her firm has been successful in securing more than 77 million and managing 300 million in federal state and private grant contracts, loan tax credits, and sponsorships. Additionally, Ms. Wilks has directly managed local government budgets of 40 million in general operating funds and identified over 5.7 million local government operational costs. Ms. Wilks holds a BS in Family, Child and and Consumer Sciences from Florida State University and a Masters of Public Administration from the University of North Florida and professional credentials in community real estate development, contract management and grants management. Are you excited for our conversation?

 

Click here for the full transcript.

Behind the scenes of Affinity Consulting Group

Cherrise shares what has changed her life with us behind the scenes. Listen in... I would probably say just recognizing that I can't do it all. So I now start out my day actively working on meditation and mindfulness to keep me still before the beginning of the morning, so that I'm poised to be successful during the rest of the day. Then I also just changed my environment, in terms of who I follow, what I read, what I listen to, the music that I listen to, that type of thing. It definitely has to have more positivity to it. Click here to read the full transcript.

Cherrise Wilks Recommendations

The grants landscape has been changing for the past 12 years, and it's getting harder and harder, tougher and tougher to have people part ways with their money, so you need to focus on other ways to earn revenue into your organization through either fundraising or helping empower your participants to empower themselves or be a part of the organization or whatever the case may be.

 

To view the entire transcript, click here.

Is Affinity Consulting Group A Fit

You need to build trust within the community. And so I would say for any organization, whether you're black, white, whatever the key is, is to talk to people, get to know and understand who they are, what motivates them, that type of thing, and truly build a relationship with them where you're actually interested in helping them and serving them. To view the entire transcript, click here.

What Makes Affinity Consulting Group Different?

If you were working with some other consultants, they may have what I like to call blinders and they know their niche. They may not be as well versed on looking at the organizational organization from a high level. And so that can sometimes lead you to end up having to hire additional people, to get all of the services and the things that you want. We tend to operate more on a full service basis. So I think that that's an added value. Click here to view the full transcript.

Meet Cherisse Wilks

This interview series will be with Cherrise Wilks, a giver of information, guidance, counsel, and mercy, with a mission to serve others, to meet their sushi goals and find the resources they need.

She's an experienced administrator with over 18 years in federal state, local government and nonprofit sectors. Ms. Wilks recently served as an emergency manager slash community development specialist, and formally as a hazard mitigation grant specialist for the US Department of Homeland Security, her firm has been successful in securing more than 77 million and managing 300 million in federal state and private grant contracts, loan tax credits, and sponsorships. Additionally, Ms. Wilks has directly managed local government budgets of 40 million in general operating funds and identified over 5.7 million local government operational costs. Ms. Wilks holds a BS in Family, Child and and Consumer Sciences from Florida State University and a Masters of Public Administration from the University of North Florida and professional credentials in community real estate development, contract management and grants management. Are you excited for our conversation? Click here for the full transcript.

Your 990

If your organization is not paying minimum wage to the executive director, what you're doing is creating an imbalance, and you're perpetuating inequities, because people can't work for free. Click here to read the full transcript.

Collaborate

The budget is truly a reflection of your mission and you should budget accordingly. In the past, I've worked with organizations who thought about the budget in terms of what can we get approved. That is not the way to think about the budget. Click here to view the entire transcript.

Create a Wishlist

If you waited till budget season to create your budget then you are already too late. You waited too long because budget season is the most stressful time for most organizations. It is the time when people are just trying to figure out, well, how do we get this done? How do we come in under budget?  Click here to read the full transcript.