Deirdre Getty
Dec 5, 2024
Improving Recruitment and Retention in the Nonprofit Sector: Free eBook
Employee Benefits
Canada’s nonprofit (NPO) sector is a vital part of the economy. Current challenges with high staff turnover and an aging workforce demand solutions to ensure continuity of critical services. Community NPOs face distinct challenges with recruitment and employee retention, especially with younger workers.
Why don’t more university graduates choose Nonprofit as a career?
Salary and benefits top the list of deciding factors when weighing career options. The ability to repay their loans and manage financial obligations strongly influences where educated young people choose to work.
60% of post-secondary graduates in Canada have an average student loan over $26,000.
The Nonprofit sector has a highly educated workforce with 73% having a post-secondary education.
Nonprofit employees have a debt-to-income ratio of 63%, one of the highest of all employment sectors.
Targeted benefit solutions that save employees time and money on student loan repayment help Nonprofits recruit top talent and retain valued employees.
Download our free E-Book to understand why debt matters to nonprofit employees and to learn solutions to improve their financial futures and stay with your organization for a long career.