The second WB-40 podcast episode in their series on organisations with purpose is a fascinating listen. The hosts are joined by Kate Davies, CEO of London Housing Association Notting Hill Genesis.
The concept of being a non-profit that generates significant revenue in order to do more good with that money is interesting. In theory it isn’t so far from a for-profit organisation that puts its client’s (and employees’, and society’s) needs at the centre of what they do.
On the podcast Davies speaks about how expensive IT staff can be. They are able to keep their costs down by finding people who are motivated by the mission of the organisation. They use things like field visits to ensure that staff see the impact of their work first-hand. This got me thinking about whether I would be prepared to take a pay cut in order to work somewhere that was massively aligned to my values. I have great admiration for people who are willing to do this. For me, I think I would be more likely to forego future increases rather than deliberately reduce our family income.