Human Capital Management Principles
The ability of an organization to make effective use of the skills, knowledge, experience, and talents of its employees and volunteers is essential to accomplishing the organization’s mission. Nonprofit organizations must ensure the organization follows fair and equitable practices that attract and retain qualified employees and volunteers. Like for-profits, nonprofits have a legal obligation to adhere to all applicable employment laws and to provide a safe and productive work environment, for both employees and volunteers. Each nonprofit organization should establish specific policies and practices that meet legal requirements, promote solid employee and volunteer relations practices, and include other stakeholders so that they can effectively work together to advance the organization’s mission.