1 Employee Benefit That Will Give Your Company a Competitive Edge
April 19, 2017 at 07:25 AM EDT
SOURCE: America's CharitiesDESCRIPTION:
Since the Industrial Revolution, companies have offered employee benefits and perks to compete for and retain top talent. Common employee benefits that companies offer (and employees expect) include, health insurance, retirement plans, stock options, and paid leave.
But there’s one employee benefit that could really give employers a competitive edge that few companies are leveraging: employee giving programs.
According to the 2016 Cone Communications Employee Engagement Study, 58% of employees consider a company’s social and environmental commitments when deciding where to work, and 55% would choose to work for a socially responsible company even if the salary was less. Not only are these programs a benefit that can determine whether top talent selects your job offer over the competition, but it’s also a benefit that can positively impact your company’s ROI, as you can see in the 5 benefits of an employee giving program listed below.
What is an employee giving program?
An employee giving program empowers employees to support their community and causes they care about through a variety of methods including:
5 benefits of an employee giving program:
1. Attract (and Win) Top Talent
2. Engage Employees by Giving Them a Sense of Purpose
3. Boost Employee Health, Skills and Leadership
4. Increase ROI
5. Impact the community and Generate a Positive Reputation for Your Company
How to leverage employee giving as part of your employee benefits package:
The first step is to actually offer an employee giving program.
If you already have a program in place, fantastic! I have just a few questions for you:
If you do not have a program, don’t worry – here’s how to get started:
KEYWORDS: Responsible Business & Employee Engagement, Philanthropy & Cause Initiatives, America's Charities, employee giving, workplace giving, employee benefits, Fundraising, charitable donation processing, payroll deduction giving, CSR Strategy, employee perks