nonprofits are growing - datis hr cloud · 2016. 8. 25. · nonprofits are growing do you have the...
TRANSCRIPT
As the nonprofit industry continues to grow, organizations need to be prepared to meet a variety of challenges related to attracting and retaining top talent.
NONPROFITS ARE GROWING
Do you have the tools to expand with the industry?
SIZE AND GROWTH OF THE NONPROFIT SECTORThe nonprofit sector is the third largest sector in the United States, behind only retail and manufacturing. In 2010, it represented 10% of the total workforce, paying $320 billion in wages.
EMPLOYEE TURNOVERNonprofit human service organizations are often plagued with very high turnover rates. High turnover coupled with increased growth creates a myriad of challenges. Organiza-tions need to upgrade and streamline their recruiting and onboarding processes to find and acquire great employees, faster. This cannot be accomplished with a fax machine. Automated applicant tracking and recruiting management software reduces the time it takes to fill positions by tracking progress and eliminating paperwork.
The turnover ratio in the non-profit sector is 16%, which means 1.7 million employees will need to be replaced this year.
The majority of positions (entry, mid, and experienced level)
take 31-60 days to fill.30 90
60
83% of organizations accept applications by email.
48% of organizations accept by mail or fax
16%
only 30% of organizations use online applicant tracking
EMPLOYMENT CHALLENGESRecruiting management and applicant tracking allows managers to select and view only applicants with a certain skill set, education level, and other searchable criteria. This expedites the hiring process by ensuring that only the top qualified candidates are con-sidered.
20% of non-profits say turnover is their biggest employment challenge.
Hiring qualified staff Finding qualified staff
The top three staffing challenges outlined by non-profits are:
Finding time to recruit and interview the candidates
COSTS OF HIRING AND ONBOARDINGA fully unified recruiting management software seamlessly transfers all information from an application into the new hire onboarding wizard, eliminating the need for duplicate data entry and paper forms. This allows new employees to be productive the first day they begin work. Employee self service portals will empower new employees to enter contact information, direct deposit accounts, benefit elections, and other pertinent infor-mation electronically from anywhere at anytime. Integration with a talent management solution will also ensure timely completion of credential and training requirements.
The major costs incurred during hiring and onboarding are: the cost of hiring (which is often 1/3 - 1/2 salary of a senior person), loss of productivity, and the diminished learning curve of the new employee.
For more information on automating, innovating and growing your organization visit blog.datis.com or contact us:
41% of human service nonprofits plan to create new positions in the coming year, creating a pressing need for streamlined processes
There are 10.7 million employees in the non-profit sector.
30%
41%
Sources:
Nonprofit Employment Practices Survey, Nonprofit HR 2014 Report - http://www.nonprofithr.com/wp-content/uploads/2014/03/2014NEP_SurveyReport-FINAL.pdf
Global Human Capital Trends 2014, Deloitte Consulting LLP and Bersin by Deloitte - http://dupress.com/wp-content/uploads/2014/04/GlobalHumanCapitalTrends_2014.pdf
4 Benefits of Workflow Automation, Nexxtep - http://nexxtep.com/2011/11/4-benefits-of-workflow-automation/
The Benefits of Workflow Automation, Sage ERP Solutions - http://blog.sageerpsolutions.com/the-benefits-of-workflow-automation/
30-50%of salary