Social impact is a term that’s nervously thrown around these days. We all want to believe that when we’re volunteering or giving, we’re creating impact. But are we?
For anyone who cares about the bottom line of employee volunteering and giving, things just got exciting.
How do you give a giant shot of adrenaline to charitable fundraising? Throw a virtual party that covers half your state and mix in a slew of cash incentives, challenges and a stadium throwdown to get nonprofits, individuals and corporations engaged.
As if you needed any more proof, new data shows that Millennial employees won’t settle for less than an engaging workplace. A survey to be released this month by Fidelity finds that 25-to 35-year-olds who are looking for a new job prioritize a better quality of life at work over a bigger salary. In fact, young people would rather give up an average of $7,000 in compensation than forfeit engagement goodies like healthier work/life balance and more career development.
When Earth Day was launched in 1970, not many people were paying attention. Forty-six years later, consciousness around environmental issues has exploded - although given the slow progress towards sustainability, we still have miles to go.
Seventy percent. That’s the number of employees in this country who couldn’t care less about their jobs. Your disengaged staff are cutting every corner they can, searching for a bigger, better deal on company time, and many are actively badmouthing your business. The cost to you is real: between $3,000 and $10,000 in decreased productivity and serious rain on your PR parade. Try attracting top talent when word on the street is that your employees are dying to leave.
With the pile-up of data proving the bottom line benefits of employee volunteer and giving programs, more companies are clamoring to launch or escalate their own programs. As someone whose business helps organizations manage their corporate volunteering and giving, I’m delighted with this trend towards more employee-led philanthropy.
With National Volunteer Week on the horizon, any company engaged in employee-led corporate philanthropy may want to consider how to join the celebration. Observed from April 10-16, National Volunteer Week recognizes those who are impacting their communities through service and encourages more people to get involved in volunteering.