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Companies benefit, too. Employees who participate in their workplace volunteer programs, according to the 2023 findings of Ares Management and Edge Research, are more satisfied overall with their ...
Integrating giving into the volunteer programs is another way to engage busier, seasoned employees with less time to serve but deeper pocketbooks. Liberty Mutual matches employee gifts to more ...
And workers who participated in volunteering and purpose programs were 52% less likely to leave their companies, according to a 2022 talent retention study from Benevity, a donation, volunteer ...
Matching gifts – Corporate donations to nonprofits as a match to employee giving. Approximately 65% of Fortune 500 companies offer these programs. [3] Volunteer grants – Giving to nonprofits in recognition of employee-volunteer service to that organization. Approximately 40% of Fortune 500 companies offer these programs. [3]
The organization also partners with businesses to provide tools and services to help companies, brands, campuses and government manage volunteer programs and support corporate social responsibility initiatives. VolunteerMatch works with clients in different industries, and since its launch in 1998 it has won several awards.
The VolunteerMatch Corporate Volunteer Awards are given each year by VolunteerMatch, a U.S.-based nonprofit organization, at its annual client conference. The awards recognize companies, brands and CSR program administrators who demonstrate "outstanding innovation, commitment and leadership in corporate community involvement." [40]
A majority of the companies at the Fortune 500 allow their employees to volunteer during work hours. These formalized Employee Volunteering Programs (EVPs), also called Employer Supported Volunteering (ESV), are regarded as a part of the companies' sustainability efforts and their social responsibility activities. [27]
Colorado State University is now offering more than 8,000 employees up to 8 hours of pay each year for volunteer work with approved organizations