How to Manage Payroll for Your Staff: A Nonprofit Guide
alden.lisse2024-02-23T14:24:15-05:00Whether you’re investing in fundraising software or paying for programs to fulfill your mission, your nonprofit’s budget requires careful allocation of expenses. Payroll is one of the most significant of these expenses, not just because it’s a necessity but because staff members deserve fair compensation for their professional dedication to your cause. This means you must carefully allocate your payroll expenses—but how? In this guide, we’ll explore how to manage payroll for your staff. Let’s get started! 1. Track employee hours. The first step to effectively manage staff payroll is to gain a holistic understanding of your employees’ efforts and compensation. [...]
