How does Employee Volunteering Reduce Turnover?

Employee volunteering is not only great for individuals but for organizations as a whole. On a micro level, employee volunteering has been linked to many health benefits including lower blood pressure and increased self-esteem while also being a remedy for loneliness. However, how does employee volunteering impact a company on a macro level? One way is through reduced employee turnover.

Employee Volunteering is a Viable Solution to Reduce Turnover

The average employee turnover rate of all U.S. industries is 15.1%. While turnover isn’t always a bad thing (for instance it can indicate a shift in the industry) it is certainly on the radar of organizations across the globe. The costs associated with onboarding and training along with the time it takes for a new employee to become comfortable in a new position can be significant. Employees who are engaged in their organization are less likely to turnover. Implementing or improving an employee volunteer program is a relatively low-cost way to engage and retain employees. Below is a table with the top ten critical reasons why employees quit their job.

 

10 Reasons Why Employees Quit - Graphic

 

How does Employee Volunteering Reduce Turnover?

  • Camaraderie – Employees need to feel connected to people within the organization. Employee volunteering is a great way for coworkers to build relationships that can increase their happiness and productivity at work.
  • CultureCompany culture is comprised of the vision, values, norms, systems, symbols, language, assumptions, beliefs, and habits of the organization. Employees desire opportunities to utilize their diverse skills and talents; they want to be trusted to do their work without micromanagement. Employee volunteering offers an opportunity for employees to use their talents in a new way. Together they work to solve problems on their own. These are meaningful experiences that bring your organization together.
  • Meaningful Work – Great employees want to work for companies that care. They want to be challenged and want to know that their work is meaningful to the entire organization. Employee volunteering can better connect employees to the overall mission of the organization.
  • Recognition – Employee volunteering offers an opportunity for management to recognize the great work of their employees. When employees are recognized for their contributions they feel good. This can increase employee satisfaction and lead to greater productivity in the future.
  • Financial Stability – When employees are unsure of the financial stability of their organization they may become fearful and quit. Employee volunteering is a way to instill trust in employees that the organization is financially healthy.

Developing an impactful employee volunteer program does not have to require a ton of heavy lifting. Operation Warm’s full-service employee volunteer package provides your employees an opportunity to have a meaningful impact in the life of a child and positively contribute to the local community.

Interested in aligning your organization with Operation Warm’s mission to provide warmth, confidence and hope to children in need?  Learn more about our corporate partnership opportunities.

 

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