I wanted to pass along this article I came across in Bloomberg Business Week. Graduates from top business schools are being provided extra incentives to start their careers in the nonprofit world. Last month I shared an article on LinkedIn about Harvard Business School in particular. There were 19 graduates set to receive $50,000 each for their nonprofit gigs. Read that story here. Prior to embarking on their MBA journey, some of the students worked for charities providing services to Africa.
Stats floating around the internet – and this one in particular from the Wall Street Journal – show nonprofit starting salaries can be 30 percent lower than for-profit counterparts.
Talk about social value. These graduates are networking for good. The article points out about one-third of the Harvard grads stay with the organization after the first year.
I’d like your opinion. Do you think the incentive is a win–win venture? What would you do – take the large corporate salary or give a hand-up to the world in the nonprofit sector?
Peace and Love,
Cristen
