Free Research Report
Tech for Good & Nonprofit Compensation in the US – Market Trends and Insights 2022
A widely held belief is that working in the nonprofit sector means earning less than peers in the private sector. The data shows that doing meaningful work that makes an impact can also be rewarding financially.
With the continued rise of remote work since 2020, both the private and nonprofit sectors have experienced fundamental shifts in budgets and strategies for recruiting, hiring, and payroll. On one hand, an organization's location no longer restricts the talent pool to a specific area. However, a more widespread workforce means that the organization’s location is less helpful in determining compensation. Employers are also facing challenges with attracting top talent. With more freedom to consider more options, today’s job seekers are increasingly less interested in traditionally high-paying fields. They are turning towards more creative and socially impactful jobs, as well as more flexible work schedules.
Can nonprofits and tech for good companies stay competitive in a strong labor market to attract the best talent and capitalize on our thirst for positive social change?
Using X4Impact Research Technology to process millions of data points from the IRS, this report offers key data insights and trends to better position Nonprofit and Tech for Good organizations to attract and retain the best talent; it also helps debunk myths related to compensation and staffing in these sectors.
- The pay gap between nonprofit and private sectors is less than 15% for organizations of similar annual budgets.
- All regions in the US report a total median compensation of over $100,000. The West Coast is driving the standard salaries for tech talent while the Northeast leads for overall nonprofit compensation.
- While organization size influences compensation, even at smaller nonprofits doing good can pay well. At organizations with annual budgets under $1M, the median total compensation is $55,983.
- Gender gaps in pay and employment persist. Women are compensated 16% less than men on average.
You can create a customized version of this report for your organization, using our Compensation Budgeting Online Tool.
This report is offered for free thanks to the support of X4Impact Founding Partners: The Ford Foundation, Giving Tech Labs, The William & Flora Hewlett Foundation, The Rockefeller Foundation, and Microsoft.
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