Managing the benevolent millennial

New data shows scores of young workers are giving up their time for good causes – employers who support them will reap the rewards.

Insurance News

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It turns out millennials are among the more generous of generations and, according to one industry professional, employers who support them in their philanthropic endeavours will likely reap the rewards.

“People get intrinsic value from doing those things and are thrilled to have the opportunity to do them though work,” said Ken Hemphill, VP of HR at Back in Motion.

The physical rehabilitation centre has a volunteer time-off policy which grants employees free hours to spend helping out in any way they wish – it also contributes to the community as an organization.

The initiative, which was originally suggested by a member of staff, not only improves employee engagement but exemplifies the company culture Back in Motion is trying to perpetuate.

“We have a lot of people within our organization who are passionate about helping others,” Kemphill said – by catering to your employees’ passions, you’re sure to get a more engaged workforce and inclusive culture.

And it’s likely your organization has a lot of keen volunteers too – according to the most recent report from Achievers, 70% of millennial employees spent at least an hour volunteering in 2014.

To add to that, nearly 84% made charitable donations and 50% donated to a campaign promoted by their employer.

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