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How Could Our Not-for-Profit Boost Retention Even Though We Can't Compete on Salaries?

October 5, 2011
Related Topics: Career Development, Reward (Recognition) and Incentive Programs, Employee Engagement, Compensation Design and Communication, Retention, Dear Workforce, Compensation
Retaining top talent is emerging as a big issue, but our organization can't rely solely on increasing salaries and bonuses to keep our best people. For one thing, our competitors are often larger and can offer more money. What steps could our not-for-profit take to increase the odds of retention? How do we adopt a total talent management strategy?
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