Investing in human resources drives mission forward

May 1, 2014

Investing in human resources drives mission forward

Investing in human resources could go a long way for nonprofit organizations facing challenges in attracting, hiring and retaining top-notch employees.

Despite these challenges, the nonprofit sector plans to hire new staff members this year. Yet, most organizations don't set aside money for recruitment. Only 15 percent of nonprofits actually have a formal annual budget, according to the 2014 Nonprofit Employment Practices (NEP) Survey from Nonprofit HR. The average annual budget for those that do have funding is $8,500.

With such a limited budget, social media recruitment comes in handy. However, 89 percent of nonprofits don't have a social media recruitment strategy, according to Associations Now. Social media allows nonprofits to take initiative in their search for employees, as they can find, research and identify the most qualified individuals.

Once these new hires are found, it can be difficult to keep them on board. High turnover is a challenge for 1 out of 5 nonprofits, according to the NEP Survey. Coming up with a formal retention strategy plays a huge role in employee satisfaction. Nonprofit HR Solutions President and CEO Lisa Brown Morton says investing in talent acquisition is just as important in fulfilling the organization's mission as financially supporting a program. 

"There is a general sentiment in the sector that we can get away with giving HR to anybody who's willing to do it, as opposed to thinking thoughtfully and strategically and intentionally around hiring people who are qualified and experienced and who can help drive a mission forward," Morton said.

Nonprofits can greatly benefit from carefully assessing their HR department and investing in effective, innovative HR strategies. 

Content presented by First Nonprofit Group, the leading provider of state unemployment insurance solutions for 501(c)(3) nonprofit employers.

single-post13903

Ready to chat?
Get in touch today to request a no-obligation savings evaluation.

Testimonials

NYCON members who use First Nonprofit’s programs enjoy enduring savings and improved efficiency. Our association knows that success, because from the beginning, we achieved the same great benefits. Great savings, seamless technology, and responsive service. NYCON highly recommends First Nonprofit’s remarkable unemployment solutions.

New York Council of Nonprofits, Albany, NY

We were introduced to First Nonprofit through another housing authority. In our analysis and comparison to what we were paying the State, our first year savings was $5,800 plus. We have been with them since the end of 2008 and I am glad we have been. I consider them an arm of our HR department.

Kankakee County Housing Authority, Kankakee, IL

Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.

Illinois Network of Charter Schools

Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.

Hugh Parry, Retired President of Prevent Blindness America