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Nonprofits

Charity Executive Pay Increasing

After struggling to stay on par with inflation in recent years, a new study suggests that charity executive salaries at large nonprofits are growing. Based on figures from 82 organizations, The Chronicle of Philanthropy’s compensation survey showed that charity executives experienced a salary increase of 4.9 percent from 2011 to 2012. Speaking on the increase, compensation consultant Brian Vogel noted, “Organizations have a bit more money, and they’re willing to bid up salaries. The market is stiffening a bit.”

For the complete article, visit The Huffington Post website. Cherry Bekaert also offers accounting and consulting services for any nonprofit organization. Learn more at our Nonprofits industry page.