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6 Tips for Retaining Nonprofit Talent 12/4/14 1pm Eastern The presentation will begin shortly.

6 Top Tips For Retaining Nonprofit Talent

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Page 1: 6 Top Tips For Retaining Nonprofit Talent

6  Tips  for  Retaining  Nonprofit  Talent  

12/4/14  1pm  Eastern  

The  presentation  will  begin  shortly.

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Before  We  Get  Started3

This  presentation  is  being  recorded!  

The  recording  and  slides  will  be  emailed  to  you    later  this  afternoon.  

Please  chat  in  any  questions  for  our  guest.    We  will  answer  them  in  the  formal  Q&A  session    

at  the  end  of  the  presentation.

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3

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Who are We?

Ritu Sharma

Co-Founder & E.D. [email protected] @ritusharma1

SM4NP.org

2  

Jacqueline Breslin

Director, Human Capital Svcs. [email protected] @TriNet

TriNet.com

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Today’s Goals: • Keeping People Engaged • Managing Liability • Staying Focused on Mission •  Tips & Tools

Finding Talent is Hard Enough

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Now That You’ve Found Them…

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How do you Keep Them?

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Tip1: Pay According to Market Value

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Tip1: Pay According to Market Value

• Critical to Engaging Employees

• Offering Training Isn’t Enough

• Assess Where you Are

• Develop a Plan to Bridge Gaps

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Tip 2: Craft a Great Benefits Package

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Tip 2: Craft a Great Benefits Package

•  Leverage Salary Surveys •  Going Beyond Salary:

•  Paid Time Off (PTO) •  Retirement Plans •  Health Care, Dental, Vision •  Regular Reviews & Raises

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Tip 3: Build a Great Culture

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Tip 3: Build a Great Culture

•  Connect the Work to the Mission •  Invite Input •  Open Door Policy •  Public Forums of Recognition •  Embrace a Transparent Team •  Support Professional Development •  Promote Work/Life Balance

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Tip 4: Maximize Performance Reviews

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Tip 4: Maximize Performance Reviews

•  1-2 Reviews per Year •  Pre-Set, Clear Goals

Help Objectivity •  Build, Break, Build •  Titles Make People Happy •  Ensure Appropriate Salaries

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Tip 5: CYA Ensure Compliance

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Tip 5: CYA Ensure Compliance

•  Risk Management Can’t be Ignored! •  Payroll Services Simplify

•  Unemployment •  Disability

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Tip 6: Invest In Your Employees

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Tip 6: Invest in your

Employees •  Invest in Your Manager’s Leadership

Skills including Communication Skills •  Find Mentors for Your Managers and

Individual Contribution •  Formalize a Tuition Reimbursement

Policy

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Tip 6: Invest in Your

Employees •  Conduct Stay Interviews With Key

Employees •  Conduct Exit Interviews •  Create Individual Development Plans •  Provide HR 101 Training to Employees

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Next Steps 1. Survey Your Employees

•  Work with an experienced HR or survey company who specializes in surveying employees

•  Account for company culture, communication style and industry

2.  Analyze Results •  Compare survey results to norms •  Look for areas of weakness

   

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Next Steps, Cont. 3. Communicate

•  Communicate the results of the survey •  Work with an HR professional for appropriate messaging

4. Develop a Plan •  Attack the areas and issues that need attention •  Promote what’s working and your company’s strengths

5. Measure •  Conduct a future survey to compare the results from one

survey to the next  

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Wrap Up •  Pay Fairly

•  Craft a Great Benefits Package

•  Build a Great Culture

•  Maximize Performance Reviews

•  Ensure Risk Management Compliance

•  Invest in your Employees

•  Leverage Tips & Tools to Stay Focused

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Questions?

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Jacqueline Breslin Director, Human Capital Svcs. TriNet [email protected] @TriNet

Ritu Sharma Co-Founder & E.D. Social Media for Nonprofits [email protected] @RituSharma1

Thank You!

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Tips & Tools

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Resource List • Nonprofit Employment Survey:

www.nonprofithr.com • Staffing:

• www.cgcareers.org • www.nonprofitstaffing.com • www.leadershipsearch.com

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Resource List •  Compensation Surveys:

•  Guidestar Nonprofit Compensation Report

•  www.IdealistCareers.org List •  Nonprofit State Associations •  Charity Navigator 2013 CEO

Compensation Survey

•  ACA: www.councilofnonprofits.org www.trinet.com/affordablecareact

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Resource List • Risk Management/Focus:

• www.TriNet.com •  www.insurancefornonprofits.org

• www.BlueAvocado.org • www.Philanthropy.com

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Free  educational  resources  »

https://bloomerang.co/resources

•Daily  blog  post  •Weekly  webinar  •Downloadables  •Nonprofit  Wrap-­‐Up  •Bloomerang  TV

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(Free!)  December  webinars:  

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12/11  -­‐  1pm  Eastern  

Finding  Your  Middle  Class  Millionaires  Harold  Pinkham

12/18  -­‐  1pm  Eastern

https://bloomerang.co/resources/webinars