Workplace giving
Employee workplace giving with UDAAN Society
Workplace giving initiatives are a great opportunity to support the communities where you work while strengthening bonds with your employees. Employees are encouraged to help NGOs and communities by contributing funds, offering their time, and contributing other resources through the Employee Volunteer and Employee Workplace Giving Program. Corporate employees who have consistently taken the initiative to assist underprivileged local communities are needed, both financially and via volunteering.”
What does “workplace giving” mean?
Giving employees the chance to donate to NGOs is known as workplace giving or workplace philanthropy. Since the individual is the one making the financial contribution to the charity cause, it is also known as employee giving.
Company-sponsored initiatives enable employees to contribute to causes they care about, and the entire process is made simple.
Employee-giving initiatives can take many different shapes, such as:
- Employer-Matching gifts
- Payroll deductions
- Volunteer initiatives
- Campaigns for fundraising
Workplace giving’s advantages: One simple way for businesses to give back to the community is through workplace giving. Furthermore, it is advantageous to all parties concerned, including the employees, their employers, and nonprofit organizations.
Benefits for Employers
The goal of employee-given campaign incentives for companies is to create an environment where employees want to work. Implementing workplace giving initiatives:
- Attracts Top Talent
- Enhances Employee Engagement
- Increases Employee Retention
Studies reveal that organizations with a purpose program have a 52% reduction in employee turnover. Furthermore, 85% of employees concur that participating in the company’s charity contributions boosts their level of trust in their employer.
One of the greatest ways for companies to demonstrate to their workforce that their company’s values and culture include caring about the world around them is through a corporate social responsibility (CSR) program. After setting CSR objectives, companies might include workplace giving initiatives in addition to other forms of assistance, including pro-bono work, corporate gifts, and volunteer opportunities.
Benefits for Employees
Campaigns for workplace giving help employees as well. Participating in programs for charitable giving run by employers...
- Can lower taxable income if the donations are made to a nonprofit organization that is registered.
- Encourages someone who wants to donate once a month without any more work on their part.
- It enables people to combine their professional and humanitarian aspirations.
Individuals can participate in workplace giving programs in a variety of ways. Whichever option the company decides on, these company-wide programs enable employees to have a positive impact on a cause they are passionate about while simultaneously reducing their taxable income.
Benefits for Non-profits
Programs for workplace giving are undoubtedly fantastic news for nonprofit organizations in a lot of ways. In addition to providing monetary or physical assistance, other advantages include of:
- Dependable and steady source of funding
- Enduring alliances with regional companies and bigger organizations
- The capacity to predict forthcoming funding for future activities with greater accuracy
Due to the fact that many workplace giving programs routinely take money from employees’ paychecks, NGOs are able to receive donations on a monthly or yearly basis without being dependent on special events or one-time fundraising drives. Charity organizations are happy to get this recurring revenue as a bonus. Check our partners – click here
Employee workplace giving form
Join Our Workplace Giving Campaign – Fill the Form Below.