Study: Nonprofit Workers Stay Because They Want to Make a Difference
Meaningful work drives employment in nonprofits longer than at for-profits
The mission of any nonprofit is to improve a community or advance a cause—and it’s this core value of making a difference that keeps three out of four employees and eight in 10 managers in the nonprofit world, according to a new study by TIAA, a financial services company specializing in the academic, research, medical, cultural, and government fields.
Here are some other highlights from the survey:
Meaningful work keeps people employed in nonprofit organizations longer than for-profit companies. As a result, 65 percent of employees and 74 percent of managers have worked in nonprofits for six or more years, with more than half staying at their present employer for six years or longer. This is about two years longer than the median tenure in all other industries (4.2 years), according to the U.S. Bureau of Labor Statistics.
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