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Volunteering Time Off--Part 1

This month we are launching a series exploring the topic of "Volunteering Time Off" or "VTO".  Part 1 of this series introduces the concept and offers resources.

Volunteering Time Off, or VTO, has become a buzz topic for many companies as of late. It involves encouraging employees to take time off from their job to plug in to their community and the non-profits that support it. Let’s delve in deeper to understand what VTO looks like.

  • Typical VTO policies allot for 8 hours of paid time off to volunteer each year.
  • Just like Paid Time Off (PTO), VTO usually requires advance notice to the employer and approval for time away from the business.
  • Studies have shown that VTO boosts employee engagement and retention.
  • Millennials state they are attracted to companies who offer VTO.
  • VTO builds loyalty and pride for a company with its employees.
  • Society for Human Resource Management (SHRM) study states 20% of its respondents now offer volunteering benefits as part of their employee benefits package.

As you look for ways to engage with your employees through VTO, take a look at these resources:

  • VolunteerMatch.org—This website makes the business to non-profit connection possible. Non-profits post projects and jobs they need assistance with and then the company builds its team to help.
  • Volunteering Is CSR—An arm of Volunteer Match, this blog is for business leaders to educate themselves on best practices and case studies.
  • CatchAFire.org—This site connects professionals with nonprofits using their specific skill sets.
  • PointsOfLight.org—Founded by President George H.W. Bush, this group offers toolkits to businesses and nonprofits to maximize volunteering efforts as well as offers products to maximize those efforts.