The Empty C-Suit: Nonprofit executives are leaving to become consultants. Replacing them hasn't been easy.

NONPROFIT organizations; EXECUTIVES; SENIOR leadership teams; CONSULTANTS; CHIEF operating officers

Nonprofit organizations are facing challenges in retaining and recruiting staff, including executives, due to factors such as inflation, high private-sector wages, and high housing costs. Many nonprofit executives are choosing to become consultants instead of working full-time, prioritizing flexibility and work-life balance. To attract top talent, nonprofits are increasing salaries, using consultants, and offering flexible schedules. However, there is a shortage of qualified candidates for senior executive positions, as more executives are leaving to become consultants. The pandemic has also contributed to this trend, as executives value flexibility and autonomy. The article also discusses the increasing trend of fundraising professionals leaving permanent positions to become consultants. The high pressure and unrealistic goals in the fundraising world, combined with the desire for work-life balance, have led professionals to seek part-time consulting work. While consulting offers benefits such as being treated as outside experts, it also comes with challenges such as securing clients and being constantly accessible. Nonprofits need to adjust their expectations and focus on employee treatment to improve retention rates. They may also need to be patient and creative in their search for senior leaders, as many candidates prefer part-time or consulting roles. [Extracted from the article]

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