Creative Compensation How Arts Organizations Can Recruit And Retain The Best People Using Quality Of Life Incentives

Download or read book Creative Compensation: How Arts Organizations Can Recruit and Retain the Best People Using Quality of Life Incentives written by Jennifer Pratt Johnson and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a gap between what the for-profit sector pays and what the nonprofit sector pays for similar positions and experience. In order for nonprofit arts organizations to attract and retain the best employees, they must to consider what other incentives to include in their compensation packages. This thesis examines what fringe benefits, both common and unique, are currently being offered to employees in lieu of additional salary in both the for-profit and not-for-profit sectors, then presents the results of a survey of 328 arts administrators in the Greater Philadelphia area which shows what each of these benefits would be worth to them monetarily. This thesis then makes recommendations as to the average range of worth specific incentives may hold for a potential or current employee, the purpose of which is to aid nonprofit arts organizations in creating competitive compensation packages designed to attract and retain the best staff.