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08/05/2024
Posted by: Altura Benefits in Insurance
How can employers boost happiness among their workers, while also increasing engagement and loyalty? To improve employee wellbeing, volunteerism may be your best bet. Research published in the Industrial Relations Journal found that workplace-sponsored employee volunteering opportunities increased life and job satisfaction, self-rated mental health and work engagement. They were shown to be even more effective than traditional wellbeing interventions, such as mindfulness and stress management classes. Research from Ares Management also makes the case for volunteerism. Looking at employees in five countries, the study found that 79% of employees who participated in volunteer programs at work were satisfied with their job overall compared to only 55% of employees who did not participate in volunteer programs at work. Employees who participated in workplace volunteer programs also had higher approval rates for their organization’s culture and the leadership team.
Have you ever felt great after doing something kind for someone? According to Mental Health America, there is a link between consistently helping others and a reduction in depression, a greater feeling of calm, less pain, and better health. People who consistently help others may even live longer. Since volunteering is one way to help others, people who volunteer may experience all the health benefits that come with helping others. For employers, this means a volunteer program could help workers become less depressed, reduce stress, and even improve physical health – advantages that may boost productivity and lower healthcare costs. Volunteering for a cause they believe in also gives people a sense of purpose. Psychology Today says having a sense of purpose improves both physical and mental health. Once again, this makes workplace volunteerism programs attractive to employers that are looking for ways to boost engagement and productivity while lowering healthcare costs.
A volunteer program may provide significant benefits to the employees and the company. Before embracing volunteerism, though, it’s important to consider whether it’s a good choice for your company.
A volunteer program may be highly beneficial, but before you decide to move forward with a volunteer program, there are a few potential problems to make sure you avoid:
Employers that want to launch employee volunteer opportunities have a few options:
A volunteer program may be a great way to boost employee wellbeing, but it’s just one component of your overall employee benefits strategy. Need help designing a cost-effective employee benefits package that helps you attract and retain talent? Altura Benefits can help you craft a benefits package to serve the needs of your team. We offer a full suite of employee benefits services and earned countless five-star reviews from Utah employers. Learn more.