July 9, 2013
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."
NYCON members who use First Nonprofit’s programs enjoy enduring savings and improved efficiency. Our association knows that success, because from the beginning, we achieved the same great benefits. Great savings, seamless technology, and responsive service. NYCON highly recommends First Nonprofit’s remarkable unemployment solutions.
We were introduced to First Nonprofit through another housing authority. In our analysis and comparison to what we were paying the State, our first year savings was $5,800 plus. We have been with them since the end of 2008 and I am glad we have been. I consider them an arm of our HR department.
Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.
Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.