Fundraising professionals are enjoying better pay, benefits and bonuses as the demand for their services increases, says a new study by the National Society of Fund Raising Executives.
One-fifth of 475 NSFRE members responding to a survey received an increase of at least 10 percent in their compensation in 1998, while 37 percent received an increase of at least four percent, The Chronicle of Philanthropy reports.
Nearly 20 percent of those responding received more than $75,000 in total compensation in 1998.
Nine percent received $75,000 to $90,000, 7 percent received $90,000 to $115,000 and two percent received $115,000
Women responding to the survey – which was distributed to all of NSFRE’s 22,000 members — received less than men.
Most men who responded received compensation of $60,000 to $75,000, while most women received $40,000 to $50,000.
Women made up 60 percent of those surveyed.
The disparity in compensation between men and women fell among fundraisers with more than 20 years’ experience.
Nearly 20 percent of fundraisers received a bonus in 1998, and almost 90 percent said their employers helped absorb the cost of health insurance and retirement plans.
Seventy-five percent of fundraisers do not hold a professional certification.