cartoon by katherineelizabethtaylor

The main ingredient to the economic recipe for success is people.   In the past the emphasis was on increasing the productivity of people.  This has lead to a decreasing  pool of qualified individuals available in the workforce. However, all is not lost.  There has been a recognition that a nation of educated people creates a strong economy.  There has been a recognition that an educated work force creates a stronger foundation which strengthens the nations ability to confront the ills of the economy. There is the recognition to use the skills and assets of government and its policies to promote positive change.  There is a recognition that health care costs, education costs and reliance on foreign fuel hurt the economy.

Regulations and investments by government enables businesses and individuals to participate in the economy in a fair manner.

Nonprofits as one of the largest employers in the country needs to continue to be accountable to the public.  As businesses exempted from paying taxes on income nonprofits need to stop complaining about why they should pay high compensation to compete for talent.  Nonprofits need to modify their behavior on compensation policies to reflect their accountability as public charities.  Instead of comparing salaries to for-profits of similar revenue size salary comparison should be limited to government salaries of agencies dealing with the service sector the nonprofit represents.

So have your board make drastic modifications to compensation policies and support capping compensation for management.