Non Profit
Background
Case Study: Non Profit with a challenge of a limited budget, a competitive market, and low staff moral.
Client Challenge
Competitive Market: The non-profit was operating in a highly competitive market, where specialized healthcare professionals and experienced educators were in high demand. This made it difficult for them to attract and retain these professionals.
Limited Budget: As a non-profit, they had a limited budget for salaries and benefits. This made it challenging to offer competitive compensation packages that could attract the professionals they needed.
Lack of Attraction: The non-profit was struggling to effectively communicate its mission and values in a way that would attract professionals who were passionate about their cause.
Low Staff Morale: The lack of a recognition program led to low staff morale and high turnover rates.
EQUINOW HR Solution
A non-profit organization that focuses on providing education and healthcare services to underprivileged communities. They faced a significant challenge in recruiting for hard-to-fill roles such as specialized healthcare professionals and experienced educators. The main issues were the competitive market for these professionals and the limited budget of the non-profit organization.
To address these challenges, The non profit partnered with a total rewards consulting firm, “EQUINOW HR”. EQUINOW HR specializes in creating comprehensive reward strategies that attract, motivate, and retain employees.
Firstly, EQUINOW HR conducted a thorough analysis of the organization's current reward system and the market rates for the roles they were struggling to fill. They found that The non-profit was offering below-market salaries, which was a significant factor in their recruitment challenges.
To address this, EQUINOW HR recommended a revised salary structure that was more competitive, while still being financially sustainable for the organization. They also suggested implementing a tiered benefits system, where employees could choose the benefits that were most relevant to them, such as additional vacation days, flexible working hours, or further education and training opportunities.
Additionally, EQUINOW HR suggested that The non-profit could leverage their mission and values to attract professionals who were passionate about their cause. They helped the organization to communicate this effectively in their job postings and interviews.
Finally, EQUINOW HR recommended a recognition program to acknowledge the hard work and dedication of the staff. This included both monetary and non-monetary rewards, such as public recognition, additional responsibilities, or opportunities for professional development.
As a result of these changes, The non-profit saw a significant improvement in their ability to recruit for hard-to-fill roles. They were able to attract professionals who were not only qualified but also passionate about their mission. The recognition program also improved staff retention and morale.