‘working for a non-profit organisation versus working for a

profit-oriented company’.

Non profit organizationsDefinition:

• A non profit organization is formed for the purpose of serving a public or mutual benefit

other than the pursuit or accumulation of profits for owners or investors.

Profit organizationDefinition:

• A business or other organization whose primary goal is making

money (a profit), as opposed to a non profit organization which focuses a goal such as

helping the community and is concerned with money only as much as necessary to keep the

organization operating.

one can make positive changes in the life of thousands of people

- to build affordable homes for poor

families- provide education to mentally

challenged people.

satisfaction

• It gives immense satisfaction when you come to know that your every action do good to the person who seeks your organization’s assistance.

Balance work and family

• Non profit firms are very informal in terms of vacation and working hours. It also has a more moderate approach towards lifestyle.

Variation in work

• As there is insufficient staff to accomplish tasks in non profit organizations, it provides you the opportunity to do various kinds of tasks other than your job profile.

Higher purpose

• In non profit careers, staff members do not execute their responsibilities for the sake of making money.

Lower bonuses

• In non profit organizations, you hardly get bonuses.

• Also in the last few years, the benefit packages are also reducing.

Succes measurement

• For example, an organization is running a program to promote parents to read more than the children. Here, it is highly impossible to calculate the success of a campaign. It is difficult to attract funds and form sufficient focus groups.

Burn outs and depressions

• In some types of non profit organizations, you need to work with miserable, destitute people or even worse.

Lower earnings

• Most of the non profits firm requires highly educated people (Masters degree or PhD) for senior level positions. However in non profit careers, one receives a less amount of salary and has to do a lot of work.

Example of a non profit organization

• Oxfam-Wereldwinkels is a democratic volunteer movement that strives for fair world trade and fights for everyone’s right to a dignified existence.

• Oxfam-Wereldwinkels is the main fair trade organization in Belgium. Through campaigns and activities, Oxfam-Wereldwinkels raises public awareness about unfair trade.

• The organization urges governments and enterprises to do something about this injustice. By selling Oxfam Fairtrade products the organization offers consumers a concrete alternative.

Example of a profit organization

n° 1 Google

• 18391 employeeswww.google.comIndustry: Media - Online Internet ServicesOwnership: Publicly quoted/heldState: California

Eric Schmidt, Executive Chairman, Google

• The goal is to strip away everything that gets in our employees’ way. We provide a standard

package of fringe benefits, but on top of that are first-class dining facilities, gyms, laundry rooms,

massage rooms, haircuts, carwashes, dry cleaning, commuting buses – just about anything a hardworking employee might want. Let’s face it: programmers want to program, they don’t want to do their laundry. So we make it easy for them

to do both.”

My personal conclusion

• Working for a non profit organization is more fullfiling but working for a profit organizationmakes you wealthier. You have to considerwhat is more important for you personally.