Dear John,
Every nonprofit is facing major challenges keeping their top staff members â and the pain is hitting fundraising offices especially hard. Even before the pandemic transformed how people think about their jobs, the shortage of top fundraisers made it tough to meet ambitious giving goals.
But now the situation is worse than most leaders have seen in their careers. Middle managers and entry-level staff members are getting offers from businesses that are paying a lot more than nonprofits â so it isnât just the chief development officers who are heading for the exits.
Such fierce competition for fundraisers at all levels prompted us to hold a special webinar on Tuesday at 2 p.m. Eastern to provide concrete and proven steps you can put to use right away both to stem losses of your valued staff members and to recruit new talent.
The Chronicleâs senior writer Drew Lindsay will be joined by Deb Taft, who heads Lindauer Global and who has previously worked in senior fundraising roles at Simmons, Tufts, and the Girl Scouts, and by Tahsin Alam, a top development leader at the Universityâs of Washingtonâs business school who has long experience as a nonprofit executive recruiter. Their real-world expertise will provide you with practical guidance you need to keep your staff and your fundraising strong.
And if you think you donât need to worry about losing staff members, the data weâll be sharing on Tuesday should worry everyone:
- It costs up to 200 percent of an employeeâs annual salary to replace a fundraiser. (Just start adding up the time it takes to find a new staff member and get them trained so they can help attract donations â let alone pay for recruiter fees and enlist staff members to help evaluate the candidate.)
- Seven in 10 of the people who are high performers on your staff are actively looking for new jobs.
The week ahead might be especially busy for you with the long Memorial Day weekend coming, end-of-school activities, and many other things. So if you canât make the session Tuesday, you can sign up to watch at a more convenient time.
Nothing is more essential to your organizationâs ability to meet its mission than the stability of your staff. Your cause, your organization, and your colleagues will benefit when you join us for this important session. Do sign up now to join Drew, Deb, and Tahsin tomorrow at 2 p.m. Eastern.
All my best,
Stacy Palmer
Editor
Chronicle of Philanthropy
1255 Twenty-Third St. NW
Washington, DC 20037
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