Re:The Undermining of American Charity
by exelius on Wednesday August 31, 2016 @03:07PM
(#12400654)
They shouldn't pay their employees less - that's the point (though they often do because they can).
In many cases, executives at non-profits make MORE than their for-profit counterparts simply because there aren't exactly shareholders, and people who sit on the boards of non-profits tend to be less experienced than corporate board members (often non-profits are seen as "training" for corporate board membership). This is especially common in health care. It's not universally true by any means, but it's common enough to be a real problem.
In many cases, executives at non-profits make MORE than their for-profit counterparts simply because there aren't exactly shareholders, and people who sit on the boards of non-profits tend to be less experienced than corporate board members (often non-profits are seen as "training" for corporate board membership). This is especially common in health care. It's not universally true by any means, but it's common enough to be a real problem.