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Are nonprofit HR challenges any different than those for-profit companies face?
If so, what are they? And how can nonprofit leaders address them?
Here’s a close look at what makes nonprofit HR unique and five challenges you can learn to avoid.
Nonprofits vs for-profits: Structural differences
Reviewing the structural differences between for-profit and nonprofit organizations helps expose the roots of many nonprofit HR challenges.
For-profits are privately or publicly owned companies that:
Pay income taxes Sell products or services to generate the most profit possible May receive money from investors May give equity and dividends to shareholders Aim