What retention strategies are uniquely successful in the nonprofit sector?
Darrow: Housing and other person living expense stipends. Possible assistance in securing lower interest loans. Other, non-financial perks like flextime, telecommuting, bring your pet to work, casual dress, etc. Enhanced employee relations to create and maintain and quality and fun work environment. What tips would you offer nonprofit employers who want to hang on to talented junior employees? Darrow: The first step to good retention is to hire the right fit. Understand their needs and attempt to satisfy them. Communicate with them often. Challenge them. Reward and recognize them. Let them know what opportunities there are down the road and assess whether they are in line with their career aspirations. Treat them with the same respect you treat executives. Thank them often. Thank them often. Thank them often.