I was planning to donate the couple bucks I had left over from the year to the charity called “San Diego Zoo Wildlife Alliance”, I was doing a background check on CharityNavigator and they gave the charity full ratings so it seemed good.
Then I stumbled upon the salary section. What the fuck? I earn <20k a year and was planning to contribute to someone’s million dollar salary? WHAT.
Fundamentally good CEOs expect a wage based on the market.
There’s tonnes of high paying positions so, no, non profits truly will struggle to find an actually good CEO if they dont offer a competitive wage.
It’s not their fault, it’s the lack of regulation on all the for-profits and the fact they can funnel so much money up to CEOs unchecked.
If for-profits had regulatory checks that made them do that less, then non-profits wouldn’t have to compete with nearly as insanely high wages.
IE if there was a law that CEOs couldn’t be paid more than 10x their lowest paid worker, this problem would be a lot less insane.