64: How Can We Address Compensation Gaps in the Nonprofit Sector? (Sally Loftis)

64: How Can We Address Compensation Gaps in the Nonprofit Sector? (Sally Loftis)SUMMARYIt’s a cliché to say no one gets into nonprofit work to get rich.  However, if leaders in our sector do not take steps to address the compensation gaps that exist, all of the important work being done will be further diminished by turnover and burnout. In episode #64 of the Path Podcast, Sally Loftis brings a researcher’s eye and HR expertise to this strategic challenge for nonprofit leaders, and provides a wealth of resources and ideas to help you address what is often an elephant in the room. How do you develop a compensation philosophy?  How can you do a pay equity assessment?  How do you better understand the compensation factors affecting your community?  And finally, how can you engage your funders in your efforts to provide a better compensation platform for talent recruitment and retention? Find these answers - and much more - in this episode!ABOUT SALLY Sally Loftis is the Managing Director of Loftis Partners, and is tugging at the webs of relationship that hold our systems of injustice in place through consulting. Her professional experience lies mostly in human resources roles while her lifelong volunteer experience spreads across social justice causes. Sally has worked in strategic roles for a Fortune 50 corporation, a boutique consulting firm, and the largest non-academic craft school in the US. She sees a need to bring equity and inclusion work into all levels of organizations through brave practices, community safe spaces, shared power, active vulnerability, and consent culture. Sally received her Master of Science in Organization Development from Pepperdine University, where she did her thesis on Talent Investment Strategies & Nonprofit Employee Pay.  She received a Certificate in Nonprofit Management from Duke University and a Bachelor of Business Administration (Concentration: Human Resources) from Freed-Hardeman University.EPISODE TOPICS & RESOURCESDan Pallota’s 2013 Ted Talk "The way we think of charity is dead wrong"Cost of living research by US Bureau of Labor StatisticsSociety of Human Resource Management article America’s Pay Gap is WideningSociety for Human Resources Management’s Study on Effective Workplaces Fund the People’s Toolkits for Talent Investment and Talent JusticeRusty Stahl’s article on Talent Philanthropy  Peter Block’s book Community: The Structure of Belonging Ijeoma Oluo’s book So You Want to Talk About RaceSally’s great blog post about this topic