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Article: Inflation deflates chief executive salaries: middle managers will get biggest boost for 2007.(SPECIAL REPORT: NPT 2007 SALARY SURVEY)
- Article from:
- The NonProfit Times
- Article date:
- February 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 NPT Publishing Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If you're a middle manager at a charity, you can expect your pay check to I keep pace with inflation--barely. If you're running the charity, it might be time to trim expenses at home.
According to this year's national survey of executive salaries and benefits by The NonProfit Times, staff at nonprofits will see average pay raises during 2007 of approximately 3.37 percent, a shade more than the 3.31 percent in 2006. While staff salaries will keep pace with last year's average rate of inflation (3.35 percent), the average executive director's salary will not, increasing only 1.25 percent, from $111,501 during 2006 to $112,899 for 2007.
Nearly 500 ...