Business for Societal Impact (B4SI)’s Post

Insights from the Business for Societal Impact (B4SI) benchmark are always so incredibly useful - check out some of the #employeevolunteering insights below!

In our latest blog, we examine the distinction between transformative and transactional #corporatevolunteering – a framework pioneered by Realized Worth. We also discuss how to navigate the two to maximize #socialimpact. https://lnkd.in/eNkv-aRX

Skills-based volunteering (SBV) is one of the most powerful ways to drive change within communities and organizations. According to the Corporation for National and Community Service, skills-based volunteers are 500% more effective at solving nonprofit challenges than traditional volunteers. That’s because they apply their professional expertise directly to nonprofit needs, creating sustainable solutions and measurable impact. SBV has also been shown to improve job satisfaction by 40%, leading to higher engagement and retention rates. Moreover, 73% of HR professionals say that employee engagement programs like SBV contribute to a positive corporate culture, which in turn helps attract top talent. #corporatevolunteering #digitaltransformation #microsoftimpact #businessforgood #techforgood #socialimpact

Sharing here my key takeaways from the 2024 UK CSR Industry Spotlight report - a fascinating read for anyone navigating the evolving world of corporate social responsibility: ✨ Employee Engagement: In-person volunteering is back, making up 87% of hours logged. Payroll giving remains a standout, boosted by company match programs 🌍 Dual Programs Drive Results: Companies combining giving and volunteering see much higher participation and cultural impact 📈 Global and Local Impact Expansion: There’s a growing focus on international grantmaking and disaster relief, with 20% of grant funds going to global causes in 2023, up from just 4% in 2022. Advice to businesses looking for their next social impact partnership: 💡 Engage employees in designing CSR initiatives—they want to contribute! 💡 Combine giving, volunteering, and grants for maximum results. 💡 Build authentic partnerships that align with your company’s mission and values. You can download and read the full report here https://lnkd.in/dnHd5Jnk

CECP’s Giving in Numbers™: 2024 Edition reveals how companies are evolving their volunteer programs to enhance accessibility and engagement. In 2023, employee volunteer participation rates varied by company size and industry, with smaller companies and sectors like Financials leading the way. Virtual Volunteering emerged as the most common program due to its flexibility, while traditional programs, like Board Leadership, faced global challenges. Differences in programs offered by companies and their foundations highlight shifting priorities in corporate volunteerism. Discover extended insights by downloading the report today: https://zurl.co/CE87 #GivingInNumbers #CorporateResponsibility #CSR #ESG

WHAT???? 🌟 UK Companies Elevate Corporate Social Responsibility to New Heights! 🌟 Incredible research coming from Benevity: UK businesses are setting new benchmarks in corporate social responsibility (CSR), with employee participation in volunteering and giving programs soaring PAST global trends. 1️⃣ Increased Employee Participation: Employee involvement in volunteering and giving programs rose to 14% in 2023, marking a 25% increase from the previous year and outpacing the global rise of 23%. 2️⃣ Surge in Volunteering: The UK experienced over a 300% growth in employee volunteering participation, the highest percentage increase across all regions. 3️⃣ Substantial Financial Contributions: Through Benevity's platform, UK employees directed £31 million to support nearly 13,000 nonprofits, reflecting a strong commitment to community engagement. 4️⃣ Enhanced Role of Employee Resource Groups (ERGs): ERGs are becoming integral, with 98% of UK companies affirming their importance in unifying employees during times of crisis. Additionally, 61% of UK companies are increasing ERG budgets, recognizing their expanding role in fostering diversity, inclusion, and equity. As Sona Khosla, Benevity's Chief Impact Officer, aptly stated: "Businesses have a unique ability to drive social change by engaging employees in their efforts." 💪🌍 #CorporateSocialResponsibility #EmployeeEngagement #UKBusiness #SocialImpact #CommunityEngagement Ryan Adams Angela Parker

Discover how employee volunteering programs create lasting impact—both for your business and local communities. 🤝 Our latest blog post Alexandra Symington dives into how corporate volunteering initiatives boost team morale, enhance company culture, and strengthen your organisation's social responsibility footprint. From improved employee satisfaction to deeper community connections, the benefits are clear. Ready to transform your corporate social impact strategy? Explore our comprehensive guide in our latest blog post. Link here ➡️ https://lnkd.in/eZiX28jE #EmployeeEngagement #CorporateVolunteering #SocialImpact #CompanyCulture

Employee #volunteering is a triple win: There is the apparent benefit for society; and if done properly, employees and companies also stand to gain from being engaged in and for the #community. In addition to the benefits for society, there are many touchpoints for #CorporateVolunteering within an organization. From recruiting and retention to an employee's personal and professional development, connections with DE&I and sustainability programs, corporate culture, health, and well-being, as well as branding and reputation, a thoughtfully designed corporate volunteering strategy can offer benefits for companies, employees, and the community. Read more insights in the blog by Curdin Duschletta for the UBS #Sustainability and Impact Institute: https://lnkd.in/du4Dr9vy #shareUBS #TheInstitute

🌟Dive into new research that reveals the surprising impact of employee perspectives on corporate volunteering! In this blog, Chris Jarvis covers key findings and what it means for corporate social impact practitioners like you.🔍 Read on here: https://bit.ly/4agjsAG #SocailImpact #EmployeeEngagement

🌟Dive into new research that reveals the surprising impact of employee perspectives on corporate volunteering! In this blog, Chris Jarvis covers key findings and what it means for corporate social impact practitioners like you.🔍 Read on here: https://bit.ly/4agjsAG #SocailImpact #EmployeeEngagement