So many nonprofits right now are experiencing challenges with recruitment, burnout, retention, and internal conflict around issues of equity and compensation. Sometimes we don’t know where to start. Sometimes we don’t have a vision for where to go on these issues. So we’ve got an important, helpful, and mind-expanding conversation for you today.
The brilliant consultant and thought-leader Mala Nagarajan returns to our podcast to share six practices that nonprofits can use to de-link privilege (or, on the other side of the coin, marginalization) from salaries, and reconstruct compensation in a way that is more equitable than it has traditionally been in our sector.
These practices are drawn from the Compensation Scale Equity Process and Calculator™ developed by Vega Mala Consulting, of which our guest is Cofounder and Principal. We introduce this resource in the episode, and discuss how nonprofits and other consultants can utilize it. We also discuss what nonprofits can do right away even if they are unable to work with consultants to address equity in their compensation structure.
From Fund the People’s 8 Practices of Talent-Investing, this episode explores Practice #2: Lead with Respect, Practice #3: Build People-Systems, and Practice #4: Advance Talent Justice. To learn about these, and all 8 Practices of Talent-Investing, listen to Season 4 Episode 1.
Go to the Show Notes Page on our website for a transcript of the episode, links to the resources discussed in the episode, guest bio, and more. You can find all the episodes of this podcast plus our blog, toolkit and other resources on our website, fundthepeople.org
To hear Mala’s previous appearance on the show, listen to Season 3 Episode 9, where she discusses what it means for nonprofits to develop a “compensation philosophy.”