When it comes to “benefits packages,” nonprofit organizations often have a tough time competing with traditional corporations and big businesses. Without the same access to resources, or the largeness that can contribute to good health insurance packages, gym memberships and other perks, nonprofits can pale in comparison to the larger corporations. It is possible to offer unique and “good” benefit packages to staffers, however, it just takes a little creativity.
Take into considerations the values and needs of the nonprofit staff when considering creative ways to put together a benefit package. For example, would staffers appreciate free bus passes or incentive to bicycle to work? How about free access to using the organization’s facilities for receptions or meetings? Other nonprofit staffs may appreciate flexibility in terms of scheduling and hours. Instead of keeping traditional “corporate” hours, it can be extremely beneficial for some staff to be able to work variable hours/days or to do some work from home.
Nonprofit managers can periodically check in with staff and ask what would be valuable ways to compensate them for their work. A fair wage and health care are important and “traditional” but, depending on the workforce, other perks can go a long way in boosting morale. Consider providing access to financial planning (even if you cannot afford to pay for retirement plans). Bringing in specialists and providing training opportunities is another good way to creatively compensate staff. If there isn’t money in the budget to send staffers to workshops and conferences, consider providing for it in-house.
Collaborating with other nonprofit organizations is another good way to come up with some creative ways to compensate employees. One organization or agency may be able to offer gym facilities or provide educational opportunities while another could trade something else. Collaborating in this way can expand the resources that are available to nonprofit workers.