PRM Survey Indicates Economy has Mixed Impact on NFP Pay Levels
WASHINGTON, DC (SEPTEMBER 2011)
– Washington, D.C., September 21, 2011 – According to the 2011 edition of PRM Consulting, Group’s (PRM) 30th edition of their Management Compensation Report of Not-for-Profit Organizations annual compensation survey, salary increases for key executives in not-for-profit organizations showed mixed results but indicate a level to slightly improving outlook for the 2011 and 2012 calendar years.
For four key not-for-profit executive positions, average base salaries increased by 0.3% to 8.1% over the prior year, or a pay change of about 5.1% for all positions combined:
However, the survey results also indicate actual salary increases for individual employees vary widely depending on the organization’s actual financial results as well as broader economic conditions. Last year, approximately 40% of survey respondents indicated they anticipated implementing a salary freeze, while about the same percentage of this year’s survey respondents are planning for a salary freeze during 2011. Both the current actual as well as anticipated pay increase budgets reported in the survey indicate organizations are more likely to freeze the Top Executive Officer’s base salary but provide some increases to other staff levels:
PRM’s 2011 compensation survey provides comprehensive pay statistics on a total of 100 distinct positions for all types of not-for-profits nationwide, including trade associations, professional societies, educational organizations, health and social welfare organizations, and other not-for-profits such as research institutes, foundations, and public policy organizations. The survey also includes information on supplemental benefits and perquisites by staff level. Compensation practices information, such as salary increase budgets, employee benefits, paid time off, and Board member compensation practices, are summarized by organization type.
PRM Consulting Group, Inc is a full-service human resources consulting firm headquartered in Washington, DC, and with offices in Maryland, Virginia, New Jersey, the Chicago area, and Atlanta. PRM specializes in consulting to the not-for-profit sector and provides advice, design, implementation, and administration assistance in such areas as pay, benefits, performance measurement, organization development, change management, staffing, recruiting, training, and workforce diversity.
A complimentary press copy of the 2011 survey report is available. For additional information, please contact:
Lyn McCloskey, Principal
PRM Consulting Group