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Corporate Philanthropy Employee Engagement

Using Corporate Philanthropy to Increase Employee Engagement

An engaged and satisfied workforce can undoubtedly turn a good company into a great one. According to a recent Gallup Poll, only 30% of the workforce is actively engaged.

The key to keeping your employees happy certainly includes a solid benefits package and free cookies in the kitchen every once in a while, but ensuring a sense of shared philanthropic values between the corporation and employee is also a huge piece of the puzzle.

Learn more about why employee engagement is vital to your company.

Here’s how to use corporate philanthropy to increase employee engagement and satisfaction.

Offer Employee Giving Programs

Over 60% of Fortune 500 companies offer a matching gift program that will match an employee’s donation to an eligible nonprofit organization.

Matching gift programs tend to double an employee’s donation, but sometimes they can triple or even quadruple the initial gift.

Matching gift programs increase employee engagement by showing them that your company not only encourages giving but partakes in it as well. Matching gift programs can also instill a sense of working pride in an employee.

Encourage Volunteerism

Many corporations arrange group volunteer opportunities around the holiday season, but why stop there? A point of pride for many employees is knowing that they work for a company that shares the same sense of philanthropy.

Some companies even offer paid time off once per month to allow their employees to volunteer at a nonprofit organization of their choice. This not only has the benefit of donating time to a charity, but it also allows the employee a sense of participation and satisfaction.

Check out the importance of using corporate giving programs to boost employee engagement.

Volunteer Grants

To encourage volunteerism, many companies also offer volunteer grants, which are monetary donations to a nonprofit organization that vary in size depending on the number of volunteer hours.

Volunteer grant programs not only show your employees your dedication to charitable volunteering, but they also demonstrate your commitment to encouraging more than just the standard holiday volunteer programs.

Group Volunteering

What better way to encourage employee engagement than a volunteer event where everyone gets together? Group volunteering not only allows employees to work together and give back to the community, but it also lets them interact with one another in settings that they don’t usually find themselves in.

Helping employees form stronger bonds is important to keeping them happy and engaged.

Learn more about ways to increase employee engagement.

Engage the Millennials

Millennials between the ages of 18 and 30 are flooding the workforce looking for ways to share their innovative ideas and technological savviness. Unfortunately for many companies, these employees tend stay for a couple of years and then leave, looking for something more challenging or worth their time.

Millennials view work differently than older generations. Older employees are looking for salary and benefits, while millennials are looking for meaningful and flexible work.

Corporations must find ways to keep millennials engaged in the company. Yes, this means decent salaries and a flexible work environment, but this also means allowing their voices to be heard in various ways.

Companies that offer philanthropic programs and the opportunity to give back to the community, and especially programs that allow input and feedback from employees, are going to be more successful in keeping the millennial employees engaged and satisfied.

Read more about how nonprofits can engage millennials.

By incorporating corporate giving and volunteer programs and engaging millennial workers, companies can help increase employee engagement and increase productivity.

Learn more best practices to help boost employee engagement.

Dollars for Doers Grants Matching Gifts

Dollars for Doers Grants | Definition

What are Dollar for Doer Grant Programs?

Defining Dollar for Doer Programs

A Dollar for Doer program can be defined as:

A corporate employee giving program in which a company provides grants to nonprofits where employees and retirees volunteer on a regular basis.

Dollar for Doer grants are also frequently referred to as Volunteer Grants.

Typical Characteristics of Dollar for Doer Programs:

While the definition of Dollar for Doer programs is fairly generic, each individual company which offers a Dollars for Doers program defines the specific requirements and guidelines differently.

These guidelines typically outline:

  • Types of eligible organizations
  • Minimum number of volunteer hours required to be eligible for a Dollar for Doer grant
  • Grant amounts per volunteer hour or based on passing certain volunteer thresholds
  • Eligibility of employees (full time vs. part time vs. retirees)

Dig deeper by checking out the top seven questions on Dollar for Doer Programs.

Dollar for Doer StatisticsVolunteer Grant Programs at Chevron and Capital One

Dollar for Doer programs are offered by corporations across all different industries. If you look at the Fortune 500 companies, approximately 40% of companies offer some sort of Dollar for Doer program for employees.

While the average Dollar for Doer grant is $10-$15 per volunteer hour, the amounts vary widely by company. For instance, Capital One provides a grant of $1 per hour while Chevron provides $500 grants after employees volunteer for 20 hours ($25 per hour).

Learn more about companies offering over $15 per volunteer hour through their Dollar for Doer programs.

Dollar for Doer programs aren’t just for current employees. Past employees who are now retired may also be eligible for a company’s dollar for doer program.

Learn more about companies which allow retirees to participate in their Dollar for Doer programs. 

Alternative Names for Dollar for Doer Programs

While most companies and nonprofits refer to these programs as “Dollar for Doer” or “Volunteer Grant” programs, there are a few alternative names:

  • Matching Time Programs
  • Dollar for Hour Programs
  • Grants for Time Programs

Additional Information on Dollar for Doer Programs:

Does your organization have a large number of regular volunteers? Do you want raise more money from these Dollar for Doer grant programs? The following articles are a great place to start:

Want to learn more about which companies offer volunteer grants to their employees?

Companies with Strong Volunteer Grant Programs