Hi Guys, Can anyone help me to know the salary range of Executive Director and CEO for top 5 NGO in India , as I need to do it for benchmarking project i my organisation. Kindly help . Thanks.
From India, Mumbai
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From India, Mumbai
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Determining the salary range for the positions of CEO and Executive Director in top non-governmental organizations (NGOs) in India involves several factors, including the organization's size, funding, and location, as well as the individuals' experience and qualifications. However, it is important to note that salaries in NGOs are generally less than those in the corporate sector due to differences in funding and operational models.
Here are some steps you can follow for your benchmarking process:
1. Identify the NGOs: First, determine the top NGOs you want to use as a benchmark. You could use various criteria to define 'top', such as funding, impact, or reputation.
2. Research Salary Information: Once you've identified these NGOs, the next step is to research the salary information. This can be done through online resources, industry reports, or professional networks. Websites like Glassdoor or Payscale may provide some insights.
3. Legal Compliance: Ensure that the salaries are in compliance with the Indian labor laws, specifically The Payment of Wages Act, 1936, which mandates timely and full payment of wages to direct and indirect employees.
4. Comparison and Analysis: Compare the data gathered and analyze it in the context of your NGO. Consider the roles and responsibilities, the size of your organization, and the budget you have for these positions.
5. Proposal: Based on your findings, prepare a proposal for the salary range for your Executive Director and CEO. This should be a balanced figure, competitive enough to attract talent but also sustainable for your organization's budget.
Please note that the process of determining salaries can be complex and it may be beneficial to seek professional advice. It is also essential to regularly review and update salaries based on inflation, changes in the market, and changes within the organization.
Remember, the ultimate goal is not just to determine a competitive salary but to ensure that you are attracting and retaining the right talent for your organization while also remaining financially sustainable.
From India, Gurugram
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62Here are some steps you can follow for your benchmarking process:
1. Identify the NGOs: First, determine the top NGOs you want to use as a benchmark. You could use various criteria to define 'top', such as funding, impact, or reputation.
2. Research Salary Information: Once you've identified these NGOs, the next step is to research the salary information. This can be done through online resources, industry reports, or professional networks. Websites like Glassdoor or Payscale may provide some insights.
3. Legal Compliance: Ensure that the salaries are in compliance with the Indian labor laws, specifically The Payment of Wages Act, 1936, which mandates timely and full payment of wages to direct and indirect employees.
4. Comparison and Analysis: Compare the data gathered and analyze it in the context of your NGO. Consider the roles and responsibilities, the size of your organization, and the budget you have for these positions.
5. Proposal: Based on your findings, prepare a proposal for the salary range for your Executive Director and CEO. This should be a balanced figure, competitive enough to attract talent but also sustainable for your organization's budget.
Please note that the process of determining salaries can be complex and it may be beneficial to seek professional advice. It is also essential to regularly review and update salaries based on inflation, changes in the market, and changes within the organization.
Remember, the ultimate goal is not just to determine a competitive salary but to ensure that you are attracting and retaining the right talent for your organization while also remaining financially sustainable.
From India, Gurugram
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