Learning from a Near-Death Experience: How to Survive a Budget Crisis - Non Profit News | Nonprofit Quarterly
Briefly

In December 2023, the Post Growth Institute faced a significant funding cut that threatened its ability to sustain its team. Despite projections indicating a critical shortfall, the organization managed to maintain employee retention throughout this hardship by emphasizing trust, equitable compensation, and a supportive culture. Their practice of collectively deciding pay rates and operating under sociocratic governance proved vital in keeping staff morale high. The experience highlighted how prioritizing relationships over reserves can fortify resilience in challenging times.
Our approach to circulating money is one of the ways we model appreciation for each other and show trust in our collective efforts.
Despite our entire team working with flexible schedules, remotely across 18 countries, we don't scrutinize time tracking.
Our organizational mission includes 'modeling approaches that equitably and innately circulate money and power.'
One could argue that deprioritizing reserves made us uniquely vulnerable to funding cuts, but I'd say it was central to what eventually saved us.
Read at Non Profit News | Nonprofit Quarterly
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