Social Impact Insights
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Creating a thriving and efficient work environment isn’t always about what happens in the office - sometimes, it’s the time you encourage your employees to take off that makes the biggest difference. Offering your employees volunteer time off is an amazing way to get them engaged in the community, can help boost the image of your company, and can help further the mission of your business.
What is VTO?
Like paid time off, volunteer time off (VTO) policies offer employees the chance to take a day off with pay. Rather than going on vacation or taking sick leave, VTO is for volunteering. Offering paid days off to your employees encourages them to take advantage of the opportunity, and can even help boost employee morale.
Most companies that offer VTO offer somewhere between 8 and 80 hours per year, with some even offering employees the chance to take paid sabbaticals to dedicate themselves purely to volunteering. An organization offering VTO can choose just how much time they will allow, and can even dictate which organizations employees should volunteer with to qualify. By requiring employees to volunteer for specific causes and organizations, you’ll be able to direct time, energy, and effort toward a cause that matters to you and your business.
Some companies require employees to take at least 8 hours of VTO throughout the year, implementing mandatory minimum volunteer hours for all members of staff. Other companies leave the choice entirely up to the employee, allowing them to request as much or as little VTO as they want. Approving employees for VTO is a relatively straightforward process, and requires little more than a simple scheduling protocol for employees to submit requests for VTO with reasonable advanced notice.
What Are the Advantages of a VTO Policy?
Some business owners might frown at the idea of paying their workforce to ‘work’ elsewhere for a day, but despite the lost working hours, there are plenty of advantages to implementing a VTO policy in your organization.
Companies that Offer VTO
If you decide to begin offering your employees VTO, you’ll be joining the more than 65% of companies that already have these programs in place. Some of the biggest, most well-known corporations are also those with the most generous VTO policies, and more and more professionals are beginning to expect their employers to dedicate a portion of their resources to community and social programs. Here are just a few of the companies that offer VTO to their employees:
How You Can Create a VTO Policy
If you haven’t already, now is the time to begin offering your employees paid volunteer time off. Creating a basic VTO policy is fairly simple, and if you already have a PTO policy in place, you will be able to follow its basic framework. Some important details for your VTO policy to include are:
Ready to take it to the next level?
These are companies who are going above and beyond and offering an even greater depth to their community service programs:
Want to learn more about making a difference in your community? Visit Blackbird Philanthropy Advisors insights blog to discover much more.