When business leaders and HR managers sit down to think about how to boost their employee value proposition, conversations turn to the three pillars of well-being – financial, physical, and mental – and the employee benefits available. Whilst these form the basis of a robust well-being and retention strategy, other things matter to your employees that may not immediately spring to mind.
Three-quarters of employees (77%) believe that employers should be supportive of their staff taking time to volunteer.
When you’re focused on mental health and supporting employees through the cost-of-living crisis, offering paid volunteering days as a benefit may not seem as important as something that may ease your employees’ burdens.
Indeed, if given a choice between a discount platform and paid volunteering days, in light of the current climate, financial savings may be the most popular choice. However, as part of your long-term retention and engagement strategies, paid employee volunteering is worthy of consideration.
In this blog, we take a look at benefits to the business, benefits to the employee, social value, and paid to volunteer a benefit for all.