Valuation
Guidance
Question
IV.C : Employee Volunteer Programs
In
this question, record whether different types of employee-volunteerism programs
and initiatives are in effect at your organization.
o
Your
company must incur costs (which might be in the form of expended staff time
only) as a result of these programs.
o
The
top of this question asks generally whether you have employee-volunteerism
programs domestically and/or internationally. If your company does not, leave
these fields blank and click the “Save” button to bypass this question. By
doing so, you will not be able to answer Questions IV.D-F.
o
Use
the “program specifics” column to jot down quick notes, such as: “At manager’s
discretion,” “40 hours per year,” “During work day,” and so on. Do not feel
limited by these examples.
Employee-Volunteer Program Descriptions
Formal Employee-Volunteer
Program:
This is a planned, managed effort that seeks to motivate and enable employees
effectively to volunteer under the sponsorship and leadership of the
employer. Paid-Release Time: Paid-release
time is also referred to in the Valuation Guide as “on-company-time
volunteerism.” This includes time spent by employees during a normal paid
work schedule to donate time to 501(c)(3) organizations, within corporate
policies. With such a policy, the employee does not make up hours missed and,
consequently, the company incurs salary costs for the missed hours. For
example: a company-wide day of service is a subset of paid time off; paid
time off, however, may also include other time off granted to employees
during a normal paid work schedule. Flexible Scheduling: For example: an employee
may leave a few hours early to attend a nonprofit meeting, yet will often
make up the time by coming in early the next day. Flexible scheduling is not
included as on-company-time volunteerism because no costs are incurred by the
company. Dollars for Doers: This is corporate giving in
recognition of employee-volunteer hours. The ratio varies by company, but a
common policy is approximately $100 for every ten hours of volunteer service,
usually at a fixed amount ($250 for 25 hours or $500 for 50 hours). Some
companies limit eligibility to company-sponsored events. Team Grants: These grants are set up
specifically to fund teams of employee volunteers usually as a one-time
grant. Team grants are different from Dollars for Doers, which rewards
individual, ongoing volunteer hours. Family Volunteering: Family volunteering allows
families to join employees in participating in a formal employee-volunteer
effort organized/sponsored by the company (not personal employee off-company
time/volunteering). Incentive Bonuses: Some companies have
incentive bonuses that recognize volunteerism as part of their compensation
structure and use these to reward employee volunteerism (the funds go to the
employee, not the nonprofit, so are not considered charitable gifts). |