Businesses can attract employees by teaming up with nonprofits

July 9, 2013

Businesses can attract employees by teaming up with nonprofits

Many businesses throughout the country are looking for the most skilled workers and beat out the competition for the talent they covet. It's not always easy to recruit employees who can strengthen the the workforce as a whole, which is why firms are teaming up with nonprofits to incorporate philanthropy into their company objectives.

By showing their employees they are serious about supporting organizations that address concerns such as hunger, health and education,businesses are improving their relationships with their staff members, Workforce Management magazine reported.

"Corporations are really looking at where their money goes and aligning it with their brand and business objectives," Lorrie Foster, vice president of foundation relations for business research association at The Conference Board, told Workforce.

Workers want to be a part of something good
Many businesses are working on initiatives to support staff members who want to volunteer or spend time at nonprofits by giving them paid time off to do so. This is one way companies can make themselves more attractive to prospective workers.

"Employees like to see their company doing good in the community and in the world – particularly young employees," Foster said. "They also want to be pretty hands-on in being involved in making the world a better place."

Businesses and nonprofits can benefit each other
When employers join forces with nonprofits to show their staff members that they truly care about philanthropy, they can build stronger relationships with their workforce. Firms have a better shot at retaining their top talents by placing a higher emphasis on making a different in the community. However, business owners aren't the only people who can benefit from these partnerships.

According to Forbes, nonprofits that work with local enterprises can have an entity to lean on when times get tough, as well as help support innovation. Even if decision-makers at nonprofits aren't sure whether they want to form a corporate partnership, Andrea Mills, director of Fiscal Management Associates, told the news source it is worth it for leaders at these organizations to at least have a conversation with an enterprise that is looking to get involved with them

"Don't expect to know all the reasons for doing an alliance before you sit down to talk," Mills told the news source. "Once you build a relationship and understand each other's capabilities, other ideas emerge."

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Working with Marshal Whittey at First Nonprofit has been a great experience. He handles our request as a priority and goes above and beyond to resolve any issues we have in a timely manner. Marshall follows through to the end and ensures our needs are met. He has been a great resource for LSC and our “go to” for any tax questions we may have. With LSC transitioning several facilities into one federal tax identification number, First Nonprofit was able to assist and provide guidance with best practices resolving claims to each entity. Additionally First Nonprofit provided knowledge (information materials) and one on one training to HRS group with best practices to handle claims state adjudicated, fraudulent claims, and appeals. And processing information in the First Nonprofit [unemployment claims] system allows for timely information can be collected.

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I would like to comment on my experience with FNP….to date our District has saved $1,000’s of dollars by being enrolled in the First Nonprofit program. My only regret is that we did not know about this method of paying unemployment tax years ago….as I had figured about five years

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