Employer supported volunteering (ESV) provides employees with the opportunity to volunteer with support from their employer. This may be in the form of time off for individual volunteering, or in a programme developed by the employer, such as a team challenge event or ongoing arrangement with a community partner.
ESV provides real benefits to the employer, the volunteers and community organisations they support. By helping tackle local issues, employers can benefit both themselves and the communities in which they operate.
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A majority of the companies at the Fortune 500 allow their employees to volunteer during work hours. These formalized Employee Volunteering Programs (EVPs), also called Employer Supported Volunteering (ESV), are regarded as a part of the companies’ sustainability efforts and their social responsibility activities. About 40% of Fortune 500 companies provide monetary donations, also known as volunteer grants, to nonprofits as a way to recognize employees who dedicate significant amounts of time to volunteering in the community.
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