ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Here's why Leading Tech Firms are Adopting Employee Volunteering Programs

Explore how Cisco and Salesforce leverage volunteering to enhance employee retention, well-being, and engagement.
PUBLISHED MAR 9, 2024
Cover Image Source: Volunteering programs can help in employee retention (representative image) | Pexels | Photo by Pixabay
Cover Image Source: Volunteering programs can help in employee retention (representative image) | Pexels | Photo by Pixabay

In an era where well-being at the workplace is a priority, employee volunteering programs have gained prominence as leading firms recognize their positive influence on worker retention, well-being, and overall engagement. A closer look at industry leaders such as Cisco and Salesforce reveals key insights into crafting successful initiatives that not only benefit communities but also foster a sense of purpose among employees.

 Cisco Systems | Getty Images | Photo by Justin Sullivan
Cisco Systems | Getty Images | Photo by Justin Sullivan

At Cisco, leadership plays a pivotal role in driving successful volunteering programs. Kelly Petrich, Director of Global Community Impact, emphasizes the importance of leaders acting as volunteering role models. Cisco's leaders actively engage, share experiences, and champion community service, per Fortune. This approach ensures broad employee participation, making their program a resounding success.

Cisco's success isn't solely attributed to leadership. The company understands that offering diverse volunteering options is essential to cater to employees' interests and passions. By partnering with philanthropic organizations and allowing employees to choose their paths, Cisco ensures a personalized and meaningful volunteering experience. From urban farming to library assistance, the array of options deepens the impact and resonates with employees' purposes.

Recognizing and celebrating employee-led acts of kindness further enhances the impact of volunteering initiatives. Cisco acknowledges the importance of recognizing acts that extend beyond formal organizational partnerships. This approach helps create a culture of appreciation and reinforces the positive influence of volunteerism.

Salesforce, with a 75% employee participation rate in its volunteering program, adopts an inclusive approach. Relina Bulchandani, Executive Vice President, emphasizes the need for intentional and flexible volunteering programs. Salesforce's offerings include both on-site and off-site opportunities, providing employees with choices that align with their schedules and preferences.

People working at workplace | Pexels | Photo by fauxels
People working at workplace | Pexels | Photo by fauxels

The digital age brings a shift towards online volunteering opportunities. Approximately 86% of companies with over $2 billion in revenue offered online volunteering in 2022, reflecting a 6% increase from the previous year. Virtual volunteering, ranging from teaching to offering professional skills pro bono, provides flexibility and accessibility, aligning with the evolving nature of work.

While workplace wellness programs face scrutiny for their impact on employee contentment, employee volunteering programs stand out. Studies reveal that volunteering is the only benefit of improving well-being by eliciting a sense of purpose, success, recovery, and social resourcefulness. Workers participating in workplace volunteering and purpose programs are 52% less likely to leave their companies, emphasizing the tangible positive outcomes of these initiatives.

Creating accessible volunteering programs is crucial for success. Employers should consider the varied needs and preferences of their workforce, ensuring that participation is easy and intentional. Salesforce's Bulchandani highlights the importance of ease, frictionlessness, and intentionality in designing programs for the new world of work.

Corporate trends indicate a rising focus on employee engagement programs incorporating volunteering. Benevity's 2024 State of Corporate Volunteering report reveals that 94% of companies with employee engagement programs include volunteering, showcasing a significant increase from the previous year. The integration of volunteering aligns with companies' efforts to strengthen connections with their workforce.

MORE ON MARKET REALIST
It's not everyday you see a legendary artist's doppelganger on a game show.
2 hours ago
Fans got to see a relaxed side when she appeared on "The Late Show with Stephen Colbert"
1 day ago
The games are harmless but sometimes contestants tend to go too far in their excitement
7 days ago
In addition to his donations, Barker also ended episodes on 'The Price is Right' with an appeal to pet owners.
7 days ago
Even the hosts of the show were confused about the star's appearance in the pawn shop.
Dec 17, 2024
In the video, one can see clips of archived Walmart footage from the time when the retail giant had an abundance of checkout counters.
Dec 15, 2024
The guest judge and Spanx founder Sara Blakely offered Lundeen the exact deal that she asked for.
Dec 15, 2024
The two came up with a brilliant invention for anyone who finds it difficult to relieve themselves in the wilderness.
Dec 14, 2024
Samara Leilani who won a brand new Nissan showed that things aren't as they appear on the show.
Dec 14, 2024
Students supported him to get on a flight to Los Angeles for an audition that changed his life.
Dec 13, 2024
She shared a video that demonstrated how she got fed up with the slow-moving line at Walmart and decided to take action.
Dec 13, 2024
Celebrity Week on "The Price is Right" allows celebrities to play games that the show is known for.
Dec 12, 2024
She saw that the woman taking instructions from someone on the phone and noticed something was wrong.
Dec 12, 2024
The moment became unforgettable for audiences, and the presenter was appreciated for his recovery.
Dec 11, 2024
Even without the raise, Oliver remains one of the top-paid faces on American television.
Dec 11, 2024
The story resonated with thousands of fans who made sure to set things right for the hardworking man .
Dec 11, 2024
After O'Leary and Rodriguez made offers, Cuban also joined Greiner to make an offer.
Dec 10, 2024
The Home Depot staffer requests the individual's tax-exempt number, which the individual declines.
Dec 10, 2024
She also called out Walmart after describing how she was feeling about wearing unwashed clothes.
Dec 9, 2024
Like any struggling young actor in the 80s, White was looking for any opportunity to appear on TV.
Dec 9, 2024