Corporate charitable giving and volunteer opportunities offer numerous benefits for your organization. While getting involved in your community presents obvious ups for the people or causes you serve or financially support, your actions are also extremely beneficial for your organization. Here are three ways your company giving or volunteering can have lasting, positive impacts:
Your employees will respect their leaders more
No one wants to work for a stingy boss, right? When your company gets involved in its community, your employees will notice. A part of encouraging workplace happiness centers around corporate social responsibility (CSR) opportunities. After all, employees want their free coffee and flexible work-from-home schedules, but they also want to know that their employer cares about the community they live and work in.
Your community reputation will skyrocket
Nothing could be better for your business’s community reputation than to give back to those in need. You could partner with a local nonprofit, support small businesses or host community volunteer events. The possibilities are endless – and so are the rewards. Your charitable actions will likely draw the attention of your local press for some much-appreciated positive media coverage.
Your customers will appreciate your philanthropy
According to a 2013 Cone Communications and Echo Research study, 82 percent of American consumers pay attention to CSR factors when deciding to purchase a product or service. Not only will your existing customers appreciate your philanthropic actions, but your charitable giving or volunteerism may also motivate prospective consumers to choose you over your competitors.