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Here is an excerpt from an article entitled “Debunking Charity Salary Myths” from the American Institute of Philanthropy. This article is particularly relevant to the discussions in Canada about what is appropriate compensation for non-profit employees and Bill C-470. The American Institute of Philanthropy is a tough US charity watchdog.
- Fast
An article appeared in the Edmonton Journal October 4, 2010...
- Fast
Even so, charities tend to pay less than private-sector firms for similar competencies. For example, the charities in our study pay a median total compensation of roughly $150,000, compared to median salaries at S&P 500 companies of $1 million, excluding bonus packages and stock options that drive the median compensation up to $6.6 million.”
“The 2022 living wage rates range from $23.15 for the Greater Toronto Area to $18.05 in London. Many areas will see an increase in living wage rates over last year’s calculations. Sault Ste. Marie’s rate will increase by 21.6% to $19.70 per hour, which is the largest increase.
Jun 20, 2024 · Position East Coast Salary Range Midwest Salary Range West Coast Salary Range; Executive Director: $110,000 – $200,000: $90,000 – $150,000: $150,000 – $300,000
Aug 31, 2023 · What does this mean in terms of average salaries for each job level? Our data suggests that the 2023 average cash compensation for each nonprofit job level are as follows: Chief Executives – $111,632; Senior Executives – $111,175; Senior Management – $92,435; Management/Supervisory Staff – $68,661; Functional & Program Staff – $47,803
May 16, 2024 · If the employee’s primary role fits with the organization’s mission, they can be paid a reasonable wage. Nonprofits are required to follow all federal and state laws when paying their employees. The current federal minimum wage is $7.25 an hour, but most states have their own minimum wage rates. Beyond their minimum wage, each state’s ...
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Do nonprofits pay a reasonable wage?
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What is the minimum wage for a nonprofit?
How much do nonprofit employees make?
Do nonprofit employees have to pay overtime?
How does the IRS determine reasonable compensation for Nonprofit employees?
Employees must be paid the legally mandated minimum wage, that can differ state-to-state; there is also a federal minimum wage rate. Employers should pay whichever is higher. If employees (not independent contractors - it's important to know the difference !) work more than 40 hours in a work week, be aware that the nonprofit may owe those employees overtime compensation.
