Newly released data from the Opportunity Knocks' 2013 Nonprofit Wage & Benefits Report says more nonprofit organizations have increased their employee salaries in the past year than at any point since the economic downturn in 2008.
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Get Your Report Now!Of the more than 1,600 nonprofits surveyed in this year's report, 47 percent reported salary increases in 2012. Although this is up 10 percent since bottoming out in 2010, it is still very much below the 75 percent of nonprofits that reported rising salaries before the downturn.
While salaries are trending upward, the data also show that nonprofits' contributions to employee and dependent health insurance is at a 5-year low and continues to decline, down approximately 15 percent in the past 2 years.
Opportunity Knocks, a national nonprofit job board and career development website, is a program of the Georgia Center for Nonprofits. For more information, go to www.OpportunityKnocks.org.