How to Switch Careers: Rewards Not Profit

What you need to know to break into a new industry, land a government job or join a nonprofit.

In 2008, large nonprofit organizations were hiring senior managers at a collective rate of 49,000 a year. The sector slowed when the economy tanked. Still, some signs are encouraging. A quarterly labor-market survey by the Society for Human Resource Management found that 24% of nonprofits surveyed added workers in the third quarter of 2009, the highest rate of all sectors surveyed. And the Bridgespan Group, a nonprofit-advisory firm, projects long-term shortages of up to 640,000 managers by 2016, as workers retire and organizations grow larger.

Nearly three-fourths of nonprofits surveyed by Bridgespan said they value for-profit experience. Skills most in demand include project management, stretching scarce resources, flexibility and adaptability.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription


Why am I seeing this? Find out more here

Anne Kates Smith
Executive Editor, Kiplinger's Personal Finance

Anne Kates Smith brings Wall Street to Main Street, with decades of experience covering investments and personal finance for real people trying to navigate fast-changing markets, preserve financial security or plan for the future. She oversees the magazine's investing coverage,  authors Kiplinger’s biannual stock-market outlooks and writes the "Your Mind and Your Money" column, a take on behavioral finance and how investors can get out of their own way. Smith began her journalism career as a writer and columnist for USA Today. Prior to joining Kiplinger, she was a senior editor at U.S. News & World Report and a contributing columnist for TheStreet. Smith is a graduate of St. John's College in Annapolis, Md., the third-oldest college in America.