October 28, 2013
Many nonprofits rely heavily on volunteers not only to administer services but to help run day-to-day operations. And for many nonprofits there is little more they can offer volunteers than their gratitude and perhaps a free lunch.
However, according to a study by Harris Interactive for UnitedHealth Group, nonprofits give back more to their volunteers than they know. The survey of 3,351 adults found that individuals who volunteer report better levels of physical, emotional and mental health than those who do not. Volunteers also reported feeling a deeper connection to their communities and were more informed health care consumers. They were also more engaged in taking care of their own health.
Benefits for employers of volunteers
The study found that philanthropy benefited businesses as well, both those that facilitated volunteer activities and those that hired employees who give their time and services to nonprofits.
"Employees who volunteer also bring more refined job skills to the workplace which provides a significant benefit to their employer," the study states. "Functional job competencies such as marketing, management, or finance skills are honed through volunteer experiences. Volunteering by definition requires strong people and teamwork skills as well as the ability to manage time effectively. Both of those skill categories are in high demand in the workplace."
Volunteers who are out of work may also find that their philanthropy could give their resume a boost. CNN Money cited a 2011 LinkedIn survey which found 41 percent of hiring managers consider volunteer experience as valuable as paid work.
Volunteer work shows hiring managers that workers are motivated and loyal. For workers that have a hard time finding jobs during a recession, skill-based volunteerism can look especially appealing on a resume. Volunteering can help unemployed workers keep their skills sharp and their attitude positive.
Many workplace skills are also improved during volunteer work, such as relationships with colleagues, time management, teamwork and other professional skills. Philanthropic activities are also embraced as large company initiatives to give back the community while bringing coworkers closer together.
While many volunteers may not be fully aware of the self-benefit they receive – and most willing to help despite it – nonprofits can take some solace in knowing that all that hard work does not go unrewarded.
Content presented by First Nonprofit Companies, the leading provider of state unemployment insurance solutions for 501(c)(3) nonprofit employers.
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.
My experience with FNP has been wonderful. Unemployment in general is quite confusing and FNP has simplified the process for us. Everyone we have reached out to or worked with has been very helpful and follows up to be sure we understand the information. I am so happy we made the switch to FNP!
First Nonprofit smoothed the unemployment perils for our organization during Covid. Without the ability to cap our UI exposure, we would not have been able to weather the storm. The program worked perfectly and we have come out of the pandemic ready to forge on. Thanks FNP!
My experience with the FNP has been fantastic. The idea of setting funds aside for the unemployment tax liability is a bedrock for nonprofit organizations like mine, namely ASHBA; what is even more advantageous is having the FNP as a custodian of those funds. 100% recommended!
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
ago, had we enrolled 15-20 years ago, we could have saved our small school district upwards of $500,000 in payments to IDES. Also we would have had a pretty hefty sum of money in our Reserve Account. Thankfully I attended a workshop hosted by First Nonprofit back in 2015 which got the ball rolling!
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