Monday, February 14, 2005

Charity Village� NewsWeek: Cover Story-Benefits in the nonprofit sector: Taking care of our own

Charity Village� NewsWeek: Cover Story: "Benefits in the nonprofit sector: Taking care of our own
February 14, 2005
By Louise Chatterton Luchuk

The nonprofit sector is built on a foundation of caring. Yet while our reputation for caring for others is strong, our track record for caring for our own employees is not as impressive. In fact, only about half of nonprofit employees have access to an employee benefits plans, and less than half have access to an employer pension plan. Several recent studies alerted the sector by attaching real numbers and facts to the situation. For instance, many dedicated, long-time, typically female nonprofit employees may be at risk for poverty in their retirement years."

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