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It's unfortunate that non-profits (in the US) have to compete head-to-head on salary with regular corporations. They get no breaks on federal payroll tax, inco
by strommen 11y ago
It's unfortunate that non-profits (in the US) have to compete head-to-head on salary with regular corporations. They get no breaks on federal payroll tax, income tax, social security, etc.
I suppose if non-profits did get tax breaks on this stuff, there would be lots of fraudulent organizations existing only to circumvent taxes without doing any social good.
- rubidium 11y agoThe majority of non-profits don't compete head-to-head on salary. They compete for hearts and acknowledge there will be a pay difference.
- mathattack 11y agoExactly. The big question is how much of a pay cut. This gets especially touchy is how much when the competing compensation has outsize compensation tied to tangible performance. Two examples are endowment fund managers (the market price is multiple millions of dollars, and the difference of 1% of performance can be 50+ million a year compounding over time) and college football coaches (winning football programs are very profitable).