E49: How to Negotiate Higher Salaries and Advance Your Nonprofit Career with Shannon Bowen

Lead with Heart | Philanthropy, Nonprofit Leadership, Nonprofit Management & Fundraising

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Today, we're having a crucial conversation about salary negotiation and career advancement in the nonprofit sector. My guest is Shannon Bowen, a nonprofit leader, fundraiser, career advancement coach, and salary negotiation expert.
She helps nonprofit professionals advocate for themselves and get paid what they're worth. As Chief Advancement Officer at Pacific Northwest Research Institute and CEO of Monsoon Leadership, Shannon has over 18 years of experience in the nonprofit sector.
She'll share her insights on shifting your mindset about salary negotiations, mastering crucial compensation conversations, and negotiating your worth confidently.

In this episode:

• [03:21] Shifting your mindset about salary negotiations
• [05:01] Nonprofits need to support living wages and retirement savings for employees to stay true to their missions
• [06:00] Common challenges in salary negotiations
• [10:35] Effective staff retention strategies like time-based bonuses and collective breaks can improve culture and reduce burnout
• [15:05] How to ask for internal raises or promotions and how to negotiate for a new role at a different organization
• [23:23] Interviews are opportunities to assess organizational culture, growth potential, and values alignment
• [27:57] Be confident in your worth by being "picky, expensive, and brilliant" in your career pursuits

RESOURCES

CONNECT WITH SHANNON
LinkedIn: Monsoon Leadership
LinkedIn: Shannon Bowen
Website: monsoonleadership.com/salary

My book, Sow, Grow, Lead is live on Amazon! It shares my journey of starting a nonprofit in Malawi and offers practical strategies to help nonprofit leaders turn visions into reality, and create meaningful impact

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CONNECT WITH HALEY
Haley is a Certified Fund Raising Executive (CFRE), Stress Management Coach, and EmC trainer. She founded The Savvy Fundraiser, a nonprofit consulting and coaching business, and has experience with nonprofits in human services, homelessness, and youth sectors. Specializing in EmC, leadership, board development, and fundraising, Haley is dedicated to empowering nonprofit leaders to create thriving organizations.
Instagram: @thesavvyfundraiser
LinkedIn: Haley Cooper, CFRE
Website: thesavvyfundraiser.com
Produced by Ideablossoms