How Can We Address Compensation Gaps in the Nonprofit Sector?
Listen to the episode. Access the full transcript. Here is a summary of our conversation:
Chapter 1: Introduction to the Podcast (00:03-00:28)
· Welcome to the podcast on nonprofit leadership and professional development in the nonprofit sector (00:03-00:11)
· Host introduces himself as Patton McDowell (00:11-00:20)
· Conversations with nonprofit experts on critical topics (00:20-00:28)
Chapter 2: Introduction to Sally Loftis (00:28-02:30)
· Sally Loftis is an expert in nonprofit leadership, research, and HR (00:28-01:09)
· She will discuss an important topic in the nonprofit world (01:09-01:55)
· Show notes and resources available on pattonmcdow.com (01:55-02:30)
Chapter 3: Sally's Approach to Staying Organized (02:30-08:20)
· Sally uses reflection memos to document her thoughts and ideas (06:01-06:45)
· She also engages in weekly journaling exercises (06:45-07:22)
· Time blocking and using Miro for productivity (07:35-08:20)
Chapter 4: Sally's Research on Talent Investment Strategies in Nonprofits (08:38-18:57)
· Sally conducted action research on talent investment strategies (08:38-09:29)
· She shares her motivation for the research (09:29-10:08)
· The importance of understanding employee needs and strategic work beyond pay (14:28-15:46)
· The process of action research and making changes within the nonprofit (15:46-17:59)
· Challenges and surprises encountered during the research (18:20-24:53)
Chapter 5: Addressing Challenges and Making Changes (25:05-39:27)
· The need for structural changes and adding/restructuring positions (30:22-32:26)
· Creating a compensation philosophy and pay equity assessment (34:37-37:32)
· Engaging funders and sharing initiatives externally (43:20-45:09)
· Steps to implement changes and create a more inclusive workplace (35:32-43:58)
Chapter 6: Taking Action and Being a Better Nonprofit Leader (46:36-50:28)
· Moving beyond knowledge base training and taking concrete action (47:21-48:52)
· Learn up, show up, and act up approach (47:51-48:43)
· Importance of deep listening and mental space (48:22-49:14)
· Encouragement for nonprofit leaders to prioritize these topics (49:39-50:13)
Chapter 7: Conclusion and Additional Resources (50:28-52:55)
· Gratitude for Sally's insights and practical advice (50:28-51:19)
· Book recommendation: "The Structure of Belonging" (51:51-52:19)
· Additional resources and website information (52:19-52:55)
Chapter 8: Closing Remarks (52:55-53:39)
· Importance of sharing the podcast and upcoming episodes (52:55-53:20)
· Commitment to providing valuable content (53:36-53:39)