Infographic
Uncovering incentive compensation strategies in higher education advancement
Retaining advancement staff is critical for meeting fundraising and campaign goals. 50% of EAB partner institutions use incentive compensation as one strategy to encourage staff retention. Of EAB partner institutions with incentive compensation programs in the United States, 51% were private institutions, while 49% were public institutions. Use this infographic to learn about three primary types of bonuses used by EAB Advancement partners.
Strategic considerations:
- Provide bonus opportunities to both fundraisers and non-fundraisers.
- Use fundraising and staffing data to make the case for bonuses to central HR.
- Set goals that are both challenging and attainable.
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This roadmap helps advancement and corporate relations leaders build a coordinated, outcomes-driven approach to corporate partnerships.
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Strategic Talent Management Resource Center for Higher Ed Advancement Leaders
Discover best practices in recruiting, retaining, and developing your advancement team.
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