May 1, 2014
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.
The Ensight Skills Center has enjoyed working with First Nonprofit for several years. We are enrolled in their Unemployment Savings Program and although we have not required a lot of intervention, there have been a few times. I know others have dealt with the same problem of unemployment fraud over the last year and in our case, a call to First Nonprofit (they actually answer their phones) cleared up the issue. They also sent us a letter to send to all our employees telling them what they needed to do to prevent this in the future and protect themselves. What a relief! Over the years if I have questions or concerns, they are happy to listen, advise and help if they can. Another BIG advantage of using First Nonprofit is that all the money that is paid into the Unemployment Savings Program lives on my balance sheet as an asset. The money continues to be Ensight’s not the governments. First Nonprofit has certainly given me peace of mind.
Visually Impaired Preschool Services has been a client of First Non-Profit since it was first offered as a benefit of VisionServe Alliance. We completed a thorough evaluation of cash savings to our agency before taking advantage of this wonderful benefit and it has been a very wise decision. Our experience with the processes from accounting to claims have been professional, expeditious and easy.
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.
It has been our sincere pleasure to maintain a strong, vibrant business partnership with First Nonprofit. We greatly admire their strong industry knowledge, technical expertise, constant professionalism, knowledgeable and dedicated staff. They are always extremely responsive, personable and provide us with the necessary guidance and recommendations on a numerous variety of employment scenarios. We are impressed with the accuracy of their employment decisions, integrity of their employees and efficiency of their claim handling. We greatly respect and value the consistent, impressive cost savings from the utilization of their outstanding services.
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.
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.