
Enhancing Fringe Benefits: A Strategic Approach to Attracting Talent in Nonprofits
Nonprofit organizations can use fringe benefits as a strategic tool to attract and retain talent, especially when they face the challenge of lower compensation compared to for-profit entities. Some cost-effective and innovative benefits solutions, such as wellness programs, retirement savings plans, dependent care accounts, and education reimbursement programs, can appeal to the diverse needs and preferences of nonprofit employees.