Measuring The Impact Of Your Corporate Volunteering Program: A Guide
Chezuba
July 26, 2022
Corporate volunteerism initiatives are excellent at leveraging the talents and motivation of employees to positively impact the community. from fostering a positive internal culture, increasing employee engagement, and gaining a good brand reputation. Yet, more often than not, these employee volunteering programs might not be handled right, and monitoring them can be a challenge. Especially if your organization has recently taken steps to implement such a strategy or you already have a program in place but aren't necessarily reaping all the proverbial benefits your corporate volunteering program has to offer.
Upon slight reflection, you might find the reason you haven't been able to unlock the full potential of your employee engagement program is that you haven't been measuring the program well. Many a time, these CSR programs are built due to pressure from stakeholders or from a retention standpoint, which leaves them susceptible to neglect. You might just be gathering data for the sake of records but the what and why of the process might be foggy.
CSR programs frequently experience the effects of budget reduction first. Therefore, it is essential to be able to demonstrate the worth of volunteer programs in order to increase and maintain support. This blog will show you how to keep track of your corporate volunteering activities, evaluate your results, and improve your volunteer program for all stakeholders.
Before you move on to the measuring phase of your program, it is important that you have a clear understanding of what objectives you set for your employee volunteer program and the kind of impact you hoped to create. This will give you direction while deciding on what statistics will help you review your progress.
Here are some key metrics you should consider to measure your program’s impact
The proportion of participants
One of the first and most important metrics to track a corporate volunteer program is the number of employees that participate in your program. This is a useful introductory statistic for any presentation on corporate volunteering success since it will show you how involved your entire workforce is in your program. This illustrates how relevant and simple it is for them to participate as well. The number of volunteers divided by the total workforce equals the volunteering involvement rate.
If you have a dedicated platform for employee volunteering, Then the platform you use might already provide you with these statistics. A deep analysis of this employee volunteering data should provide you with the answers to which segment of employees are participating more and for what programs.
Number of volunteer projects created
The number of volunteer opportunities you create for your employees is crucial when tracking as you will know what the capacity of your program was. Based on the number of participants your program required, you can compare these numbers to the statistics of the participants to evaluate how successful your program was. The simple logic is that if you don't have enough projects, the number of participants required will be lower as a result the overall number of participants will also be low.
Participation per project type
By tracking what kind of projects received the most applicants and participants, you will be able to judge what kind of projects interest your employees. Whether it is fundraising, Excel training classes, or graphic design, this data will help you add more projects your employees are interested in working on. This way you will be able to gain more employee engagement for your CSR program.
Total number of volunteer hours
Again, this metric is fantastic to showcase your hard work and the work of your employees. If you have goals set based on the number of hours you require your employees to volunteer for then this metric will be right up there to see if you have met your goals. These statistics can also help set a benchmark to help push employees to contribute more of their time in the coming years. Stakeholders will also benefit from these numbers as it shows the amount of time your company has spent on activities that help the community.
Approximate the monetary value of your employee's work
The type of volunteering activity compiled with the number of hours your employees volunteered for will be able to give you an estimated figure of how much you might have been able to contribute to the organization in monetary terms. These figures can provide encouragement to your employees to contribute further and to your stakeholders, these numbers can be a great value addition.
Metrics to track the impact of your CVP on your employees
When you design your corporate volunteer programs, the most important element is your employees. They are the ones who participate in the program and stand to benefit the most. To get an absolute picture of how successful your volunteer program is, you must take these qualitative factors into consideration. This will allow your corporate giving program to fulfill its mission.
Success stories
Personal satisfaction can come from volunteering. Better levels of volunteerism were linked to higher levels of overall life satisfaction, according to a Harvard study. Collecting employee success stories is crucial. Ask staff members how they felt when volunteering, what they learned, and what they cherished most about it. Document these success stories in the form of case studies.
These accounts will enable employees to more effectively reflect on their experience, persuade their peers to support the cause, and communicate the employee impact to project stakeholders.
Feedback from partner nonprofits
Feedback from nonprofits can also show how effective your volunteer program is. Receiving feedback on one's involvement with a nonprofit might assist volunteers in better comprehending the results of their efforts. Feedback from nonprofits can help you strengthen your working connections and provide organizations with prospective volunteers who are even more perfectly matched.
Measuring Employee Engagement and Satisfaction
We've written a lot about the positive effects volunteerism initiatives may have on fostering a company culture and raising morale among employees. The most visible indicator of involvement is participation, expressed as the number of volunteers or volunteer hours contributed. This just truly addresses the what of your EVP program, though. Examining the why will help you determine the true impact of employee volunteering more effectively. Why volunteers are important, and how it improves job satisfaction.
To Conclude
It's important to remember that even a volunteer program that is wildly successful won't be able to stop negative trends or resolve major problems on its own. Set objectives that are both feasible and mindful of the part your program plays in the overall context of your business, community, and society. You'll probably see some overlap when you select the metrics to monitor. This is natural. What benefits employees frequently benefits the community as well, which benefits the brand. Make space to consider how outcomes may combine by letting go of the need to define strict boundaries or classifications.
Chezuba is a CSR platform dedicated to making a difference while helping corporations like yours play their part in the process. Chezuba makes tracking all your key metrics easy by offering you the opportunity to customize your dashboards to measure all the metrics you need. In addition, we help collect feedback from partner nonprofits and employees and document success stories for you. Book a free demo to learn more.
Discover nine effective strategies to promote employee volunteering and giving programs within your organization with our insightful blog
July 26, 2022
Measuring The Impact Of Your Corporate Volunteering Program: A Guide
This blog shows you how to keep track of your corporate volunteering program and evaluate its impact. It is essential to keep a record of your program's progress and evaluate it based on the results you get.
Corporate volunteerism initiatives are excellent at leveraging the talents and motivation of employees to positively impact the community. from fostering a positive internal culture, increasing employee engagement, and gaining a good brand reputation. Yet, more often than not, these employee volunteering programs might not be handled right, and monitoring them can be a challenge. Especially if your organization has recently taken steps to implement such a strategy or you already have a program in place but aren't necessarily reaping all the proverbial benefits your corporate volunteering program has to offer.
Upon slight reflection, you might find the reason you haven't been able to unlock the full potential of your employee engagement program is that you haven't been measuring the program well. Many a time, these CSR programs are built due to pressure from stakeholders or from a retention standpoint, which leaves them susceptible to neglect. You might just be gathering data for the sake of records but the what and why of the process might be foggy.
CSR programs frequently experience the effects of budget reduction first. Therefore, it is essential to be able to demonstrate the worth of volunteer programs in order to increase and maintain support. This blog will show you how to keep track of your corporate volunteering activities, evaluate your results, and improve your volunteer program for all stakeholders.
Before you move on to the measuring phase of your program, it is important that you have a clear understanding of what objectives you set for your employee volunteer program and the kind of impact you hoped to create. This will give you direction while deciding on what statistics will help you review your progress.
Here are some key metrics you should consider to measure your program’s impact
The proportion of participants
One of the first and most important metrics to track a corporate volunteer program is the number of employees that participate in your program. This is a useful introductory statistic for any presentation on corporate volunteering success since it will show you how involved your entire workforce is in your program. This illustrates how relevant and simple it is for them to participate as well. The number of volunteers divided by the total workforce equals the volunteering involvement rate.
If you have a dedicated platform for employee volunteering, Then the platform you use might already provide you with these statistics. A deep analysis of this employee volunteering data should provide you with the answers to which segment of employees are participating more and for what programs.
Number of volunteer projects created
The number of volunteer opportunities you create for your employees is crucial when tracking as you will know what the capacity of your program was. Based on the number of participants your program required, you can compare these numbers to the statistics of the participants to evaluate how successful your program was. The simple logic is that if you don't have enough projects, the number of participants required will be lower as a result the overall number of participants will also be low.
Participation per project type
By tracking what kind of projects received the most applicants and participants, you will be able to judge what kind of projects interest your employees. Whether it is fundraising, Excel training classes, or graphic design, this data will help you add more projects your employees are interested in working on. This way you will be able to gain more employee engagement for your CSR program.
Total number of volunteer hours
Again, this metric is fantastic to showcase your hard work and the work of your employees. If you have goals set based on the number of hours you require your employees to volunteer for then this metric will be right up there to see if you have met your goals. These statistics can also help set a benchmark to help push employees to contribute more of their time in the coming years. Stakeholders will also benefit from these numbers as it shows the amount of time your company has spent on activities that help the community.
Approximate the monetary value of your employee's work
The type of volunteering activity compiled with the number of hours your employees volunteered for will be able to give you an estimated figure of how much you might have been able to contribute to the organization in monetary terms. These figures can provide encouragement to your employees to contribute further and to your stakeholders, these numbers can be a great value addition.
Metrics to track the impact of your CVP on your employees
When you design your corporate volunteer programs, the most important element is your employees. They are the ones who participate in the program and stand to benefit the most. To get an absolute picture of how successful your volunteer program is, you must take these qualitative factors into consideration. This will allow your corporate giving program to fulfill its mission.
Success stories
Personal satisfaction can come from volunteering. Better levels of volunteerism were linked to higher levels of overall life satisfaction, according to a Harvard study. Collecting employee success stories is crucial. Ask staff members how they felt when volunteering, what they learned, and what they cherished most about it. Document these success stories in the form of case studies.
These accounts will enable employees to more effectively reflect on their experience, persuade their peers to support the cause, and communicate the employee impact to project stakeholders.
Feedback from partner nonprofits
Feedback from nonprofits can also show how effective your volunteer program is. Receiving feedback on one's involvement with a nonprofit might assist volunteers in better comprehending the results of their efforts. Feedback from nonprofits can help you strengthen your working connections and provide organizations with prospective volunteers who are even more perfectly matched.
Measuring Employee Engagement and Satisfaction
We've written a lot about the positive effects volunteerism initiatives may have on fostering a company culture and raising morale among employees. The most visible indicator of involvement is participation, expressed as the number of volunteers or volunteer hours contributed. This just truly addresses the what of your EVP program, though. Examining the why will help you determine the true impact of employee volunteering more effectively. Why volunteers are important, and how it improves job satisfaction.
To Conclude
It's important to remember that even a volunteer program that is wildly successful won't be able to stop negative trends or resolve major problems on its own. Set objectives that are both feasible and mindful of the part your program plays in the overall context of your business, community, and society. You'll probably see some overlap when you select the metrics to monitor. This is natural. What benefits employees frequently benefits the community as well, which benefits the brand. Make space to consider how outcomes may combine by letting go of the need to define strict boundaries or classifications.
Chezuba is a CSR platform dedicated to making a difference while helping corporations like yours play their part in the process. Chezuba makes tracking all your key metrics easy by offering you the opportunity to customize your dashboards to measure all the metrics you need. In addition, we help collect feedback from partner nonprofits and employees and document success stories for you. Book a free demo to learn more.
Together, we can create a world where no one is denied the chance to gain literacy skills. Let’s stand united in promoting education for all and commit to actions that drive lasting change.
Good corporate citizenship is a must, not a nice one to have. It's a "must-have" if you want your business to stay accountable, successful, and competitive. Employee engagement is boosted by strong corporate citizenship, and when we're all engaged, good things happen.
Employee engagement is a critical factor that directly impacts a company's productivity, retention, and overall success. The statistics we've highlighted not only shed light on the current state of employee engagement but also underscore the pressing need for organizations to prioritize it.
Chezuba can play a crucial role in this journey by providing personalized volunteering opportunities that align with employees' skills and passions, further enhancing their engagement and connection to the company's mission.
Celebrating the 4th of July at work is an excellent way to build team spirit, promote a sense of community, and acknowledge the significance of independence.
Every action, no matter how small, contributes to the larger goal of nature conservation. This World Nature Conservation Day, take a step towards making a difference. Whether through volunteering, adopting sustainable habits, or supporting conservation efforts, your commitment can help protect and preserve our planet for future generations. Together, we can create a more sustainable and thriving world.
Celebrating Nelson Mandela International Day through corporate volunteering is a powerful way to honour Mandela’s legacy and contribute to social change. By engaging in diverse and impactful activities, companies can create meaningful experiences for their employees, strengthen community ties, and make a lasting difference.
Together, we can create a world where no child is robbed of their childhood. Let’s stand united against child labor and commit to actions that drive lasting change.
World Environment Day offers a unique opportunity to make a tangible difference in the fight against environmental degradation. By volunteering, you not only support critical conservation efforts but also gain personal benefits such as new skills, improved well-being, and strengthened community ties.
By building strong internal support, companies can harness the full potential of their CSR programs, creating a better future for their employees, communities, and the planet.
Read the article to learn how empowering employees in corporate volunteering programs fosters a sense of purpose among employees and significantly improves retention rates.
Implementing these strategies can help companies not only achieve their corporate citizenship goals but also create positive social and environmental impacts while driving long-term business success. By embracing responsibility, fostering inclusivity, and collaborating effectively, businesses can contribute meaningfully to societal well-being while enhancing their reputation and competitiveness in the market.
May Day is a day to reflect on the progress made in labor rights, honor workers' contributions, and celebrate unity within organizations. By incorporating these engaging and meaningful activities into your May Day celebrations, you create a positive and inclusive workplace culture.
Engaging employee giving and employee volunteering activities on World Health Day can foster a culture of well-being and employee satisfaction. Read the article to learn more.
By going along with these trends, companies can help make the future more sustainable and become leaders in their fields. As time goes on, it is important to stay committed to business social responsibility and work toward making the world fair and prosperous for everyone.
The emergence of employee volunteering and engagement as prominent trends in CSR reflects a broader shift towards more holistic and inclusive approaches to corporate social responsibility.
Virtual volunteering offers a number of benefits for both volunteers and nonprofits. Read the article to learn more about the future of Nonprofit support in the USA.
Read our in-depth blog post about the significant advantages of Volunteer Time Off (VTO) as a Corporate Social Responsibility tool and how it helps both workers and employers.
In this evolving world of businesses, employee engagement is more important than ever. Read the blog to learn about the evolving trends and its significance in business growth.
Running a company is hard. But it’s not just the business you have to handle, employee satisfaction also matters a lot. The employee giving program can help you with this aspect.
Studies have shown that businesses with strong corporate CSR programs can build deeper connections with employees, customers, and other key stakeholders.
Corporate social responsibility is a form of self-regulation that reflects a company's accountability and commitment to the well-being of society through environmental and social measures. It plays an important role in brand perception, appealing to employees, customers, and investors alike.
This article is designed to help you understand the modern employee and how to create a workplace that is conducive to their personal and professional growth.
This article is about the importance of the International Day of Persons with Disabilities and the volunteer opportunities that are available to people with disabilities.
We address the increasing importance of employee purpose and have also attempted to explain how your leadership team can make adjustments to integrate meaningful work as part of your company culture.
Concept notes are one of the first steps to take when trying to secure funding for your projects. We have listed out what a concept note is, its importance, and tips to draft a great concept note.
10th of October of every year is as World Mental Health Day by the WHO but your employees' mental health matters all year round. We have listed a few changes you can make to your organization to cater to the mental health needs of your employees.
This report provides an analysis of the current state of the global workplace and the impact of the pandemic on productivity and how the term “productivity paranoia” came about.
Here’s a brief overview of what diversity and inclusion are and why it is a must for your organization. This blog will be most resourceful to aid you in creating and maintaining diversity in your workplace.
Companies can aid society, engage remote employees in developing their skills, and even improve brand reputation by fostering a culture of giving through virtual volunteering.
Employees are typically the backbone of any firm, and a firm's success depends on the well-being of its employees. Discover how you can properly support your employees' mental health.
As we go about your daily operations, we are bound to hit few snags. Finding a quick fix to these issues can help in the short run, but the most viable solution is to focus on finding the root problem and address it. Let's learn how using the 5 Whys Tool.
This article is meant to give you an idea of the benefits of corporate social responsibility. It will give you an idea of how to implement it into your business and how to reap the benefits for years to come.
In this article, we discuss why employees are leaving the workplace increasingly to focus on their mental health and a few changes you can make to your workplace to combat this issue.
This article is an introduction to the concept of corporate citizenship and how it relates to business. It explains what it means to be a good corporate citizen and how it can be applied to your business.
By measuring the impact your nonprofit creates, you will be able to provide your donors with transparency and the knowledge of how they are able to help make a difference in the world. Learn how with this article.
This article discusses the need for organizations to bridge the skills gap in today's economy. It discusses the current pandemic and how it has widened the existing skills gap, and how organizations can use the pandemic to their advantage.
This article is meant to give you a better understanding of how volunteering for a nonprofit can be a great way to use your skills to help those in need in your community.
Corporate philanthropy is a great way to get your employees to get more involved in their communities and to help them feel more connected to their work.
This article discusses the benefits of volunteering, and how it can be a transformative experience and a great way to connect with people and interact with new people.
In this blog, we will discuss what virtual volunteering is, how it works, the pros of volunteering virtually and how you can become a virtual volunteer.
This article discusses the importance of creating meaningful volunteer opportunities for employees and 6 ways to improve the number of employees who participate in these programs.
This article talks about the importance of a board of directors for nonprofits, the benefits of having a board of directors, and their roles and responsibilities.
This article is about virtual corporate volunteering ideas that can be executed by your organization to engage employees and also support nonprofits and charities.
This article explains how employee purpose is a key factor in a better workforce, and how you can help your employees find it through your CSR strategies.
This article is about the benefits of having a business volunteering program. It is a great way to get your employees involved in the community and to get them to give their hundred percent to their work.
This article provides a comprehensive overview of the best practices that can be implemented to create successful international corporate volunteering programs.
This blog has discussed 6 easy steps to organize a successful company volunteer day. By following these steps, you will be able to ensure that your company's volunteer day will be a huge success.
This blog will give you a basic understanding of corporate philanthropy. It is important to understand what corporate philanthropy is and why your company should choose it as a part of your CSR strategy.
This article will discuss the Logframe technique and its application in project planning. It will also discuss the structure of the Logical Framework and its various components.
This article discusses how you can incorporate virtual volunteering into your corporate social responsibility strategy. It shows you how to create a virtual volunteering program that is aligned with your company's values and aligns with your CSR strategy.
This blog gives you an idea of how volunteering can help you advance your career and help you gain valuable work experience, showcase your skills and knowledge, and help you explore new career opportunities.
This article contains some fun ideas to celebrate Earth Day in your workplace. Earth Day is an annual celebration of the environmental movement's accomplishments and a reminder of the significance of long-term ecological sustainability.
This article discusses how technology is making corporate volunteering easier and more accessible for companies to use and incorporate into their CSR programs.
Here's how Chezuba connects you with incredible online volunteers who can help you engage and persuade your stakeholders to take action by creating compelling content.
Volunteers are an essential component of any Nonprofit organization. Keeping your volunteers' passion, energy, and interest in your organization's goal is vital to retain volunteers for the long term