Why Have an Employee Volunteer Program?
Why Have An Employee Volunteer Program?
The benefits of an Employee Volunteer Program are many, and building a strategic program that is integrated with core business objectives and core competencies creates a meaningful and sustainable program. Join this growing volunteer movement and your employees, shareholders, community, and company all benefit.
Benefits to the Employee
- Improves performance
- Increases job satisfaction, attitude and morale
- Encourages teamwork
- Promotes leadership and skill development
- Improves communication between employees and their supervisors, and across departments
Benefits to the Corporation
- Builds brand awareness and affinity
- Strengthens trust and loyalty among consumers
- Enhances corporate image and reputation
- Improves employee retention
- Increases employee productivity and loyalty
- Provides an effective vehicle to reach strategic goals
Benefits to the Community
- Provides skilled and talented volunteer pool, as employees devote personal and professional skills to community needs
- Offers direct cost savings for community service organizations in saved recruiting and labor costs
- Creates quantifiable social impact
- Helps bring community needs into focus
Recent Studies have Shown
- New research shows that companies that help employees volunteer with nonprofit organizations could have a leg up with recruiting Generation Y (18-26 year-old) talent. Nearly two-thirds of the respondents (62%) in the 2007 Volunteer IMPACT survey by Deloitte & Touche USA said they would prefer to work for companies that give them opportunities to contribute their talents to nonprofit organizations.
Deloitte & Touche USA LLP (Deloitte & Touche USA), 2007 - 64% of executives surveyed say that corporate citizenship produces a tangible contribution to the company bottom line. Among executives at large companies, 84% see direct bottom-line benefits.
Center for Corporate Citizenship at Boston College and Business Civic Leadership Center, 2005 - An Employee Volunteer Program (EVP) is effective in developing employees, improving public perception of the company, and enhancing business operations. Administrators [of the study] further believe an EVP is a sensible, efficient method of achieving general HR objectives for recruiting, retaining, and developing employees
Points of Light Foundation and Center for Corporate Citizenship at Boston College, 2005 - The estimated dollar value of volunteer time is $19.51 per hour
Independent Sector, 2007 - Members reported that employee volunteer programs had some impact or strong impact on increasing the number of community partnerships, with 66% increasing the scope of those partnerships.
Business Strengthening America, 2005 - In 1992, only 31 percent of surveyed companies reported using their employee volunteer programs to support core business functions. By 1999, 81% of companies reported using EVPs.
Points of Light Foundation, 2000
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What Our Clients Say
"It is our civic duty to be as involved as possible in improving the quality of life in our communities."
Christopher Lambe
Program Manager
Xcel Energy Foundation