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Brief

3 Secrets to help you overcome the “overhead myth” with your talent management initiatives

The Overhead Myth, the notion that nonprofits should operate on 3% or less of their donations, is exactly that – a myth. In reality, 10-35% is more realistic. But maintaining viability with a higher operating budget means two things: 1) more donations need to be coming in, and 2) all staff members need to contribute beyond their individual core skills. But how can organizations achieve this? Discover three ways that leveraging talent management tools can turn every member of your staff into fundraising rock stars!The Overhead Myth, the notion that nonprofits should operate on 3% or less of their donations, is exactly that – a myth. In reality, 10-35% is more realistic. But maintaining viability with a higher operating budget means two things: 1) more donations need to be coming in, and 2) all staff members need to contribute beyond their individual core skills. But how can organizations achieve this? Discover three ways that leveraging talent management tools can turn every member of your staff into fundraising rock stars!

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