As we saw from employment data published earlier this month, job openings continue to surge, fueling a strong demand for workers.
For nonprofits, the market for talent is tight, particularly when it comes to filling senior development and executive director positions. Nonprofits saw a voluntary turnover rate of 20% in 2021, according to a survey by Nonprofit HR. In the current environment, it can take 6 months or more to fill a role. The effects of those months can reverberate for years—leading to reduced giving, lost momentum, unmet goals, and reduced impact.
Open fundraising positions and leadership vacancies also add significant stress to organizations and their staff. Staff may be taking on new duties to fill the gaps, reducing their capacity to perform their usual roles and reducing productivity across the organization.
Right now, many of the organizations we are speaking with are struggling with these issues. Many people at smaller organizations believe that outside help, such as interim staffing or executive search, is outside their budget.
However, with a creative approach, TWB can support clients with smaller budgets, helping them smoothly navigate these rocky transitional periods.
Vacant fundraising positions can cost your organization valuable donations and momentum. Consider the following reasons why transition counsel might be right for your organization:
Transition counsel gives you valuable time needed to fill key roles during a tight labor market. Executive search lite amplifies your search efforts and streamlines the process to ensure you focus on qualified candidates. To learn more about how TWB can support your organization with either or both of these solutions, please contact us here. You will be connected with one of our experts.