Executive Compensation – The Legal Issues

Executive Compensation – The Legal Issues

Nonprofit Law Blog:  “Determining the appropriate amount of compensation to pay an executive is one of the most important decisions a board is asked to make. Board members must balance budgetary concerns with the need to find a qualified candidate. Traditionally, it was not uncommon for nonprofits to expect executives to work for significantly less than they might earn elsewhere because of their passion for the organization’s mission. However, that’s a poor business strategy to rely on for recruiting or retaining the right person for the most pivotal position to the organization’s success.”

Read the entire article on this very important topic.

2018-01-14T10:38:13+00:00September 10th, 2015|Employment, Legal Issues|0 Comments

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A nonprofit corporation attorney who's formed 235+ Arizona nonprofit corporations wrote this article so people can avoid making common, but costly noprofit corporation mistakes.