The high turnover rate of fundraisers is costing charities money. Lots of money.
The average amount of time a fundraiser stays at his or her job: 16 months. The direct and indirect costs of finding a replacement: $127,650.
Those figures come from new research by Penelope Burk, president of Cygnus Applied Research.
In her presentation at the Association of Fundraising Professionals conference in Vancouver, she said findings from a survey she has conducted of 1,700 fundraisers and 8,000 nonprofit chief executives, suggest that it would cost just $46,650 to keep a good fundraiser happy by providing better salaries and other benefits, such as additional vacation time.
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