Jim Hopkinson is an author, writer, and speaker living in New York City. His focus is on career development for the new economy, showing how new media, technology and branding are changing how people look at their career and lifestyle. Read more...
One benefit when doing your salary research: The law requires nonprofits to publicly disclose salaries for certain positions. A trip over to Salary.com's Executive Compensation Wizard can help with this.
Sites like CharityNavigator.com have a list of 10 Highly-Rated Charities with Low Paid CEOs that earn between $50,000-$60,000, But they also highlight 10 Highly Paid CEOs at Low-Rated Charities, earning between $250,000 and half a million. The average salary for the top official in their top 10 most followed charities is approximately $420,000.
Once again, it’s all relative. When looking at these numbers, make sure to note the salary as a percentage of expenses and consider the scope of the job. For example, while the CEO of the American Red Cross earned $591,000 in 2012, consider that this was 0.01% of expenses, and the position requires managing $3 billion in funds and overseeing more than 1,000,000 volunteers and 30,000 employees.