Quote:
Originally Posted by Aquarian Sports Cards
Same is true of almost every large non-profit unfortunately. Of course why would you take a massive job like that in a non-profit WITHOUT big compensation when you could take a similar job in the private for profit sector and make a lot more. Welcome to capitalism. The Non-profits don't have much choice in executive compensation unless they can find saints or morons, neither of whom is qualified to run a large-scale enterprise. However calling Goodwill a for-profit enterprise is simply factually wrong.
|
Ding ding ding!!!
Love it or hate it, there's really no way around it. Qualified leadership doesn't come cheap.
Although all things considered, with incentive pay including stock options and other benefits, for-profit leaders often still make a lot more. It's usually just not necessarily straight cash. Non-profits don't have the same ability to offer equity compensation that way, so they're stuck with handing out cash.