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Nonprofits' Employee Compensation And Benefits Face Closer Scrutiny After TCJA

As the economic environment becomes more competitive, nonprofit organizations (NFPs) must position themselves to attract the best employees. Additionally, they must offer valuable and creative incentives to retain the talented workforce they have in place. Although monetary incentives make a difference, value does not always equate to money. Nonprofits have an opportunity to leverage their mission, brand and creative benefits to entice leading talent to pursue their career in a nonprofit environment. With a strong mission in place, and the incorporation of human resources best practices, nonprofit organizations can hire the best and brightest for their team.

Read article in Thomson Reuters:  Taxation of Exempts