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How can VTO benefit a business?

Volunteer time off or Voluntary time off is an employee benefit that companies offer to its human resource as the paid hours day which the employees can spend in any approved charitable organization for any volunteer activity, specifically related to the trade of the employee(s) work in as specialized personnel. This time employees have to spend as volunteering but not as a holiday like a paid time off - PTO. However, the PTO can be utilized as VTO, but not the latter as the former.

The employers offer a VTO program to fulfill the corporate social responsibility – CSR, whereby employees are to volunteer their efforts serving the society representing their organizations. This creates a sense of ownership among employees.

The top talent expects their employer to offer such programs to be back into the community feeling they are doing something for the not-for-profit (NPO) for the collective good of the general public, outside their profiting organization. When employees volunteer hours, which is offering volunteer time off by the organizations, this gives employees a sense of the state of being entrusted by the employer sending its employees outside representing on behalf of the organization!

What are the benefits of VTO for Employers?

If two companies are very similar in market share, name, and top talent HR they have, the company offering VTO has a better CSR representation hence having more chance to land the dream top talent within.

Moreover, the employer would have:

What are the benefits of VTO for Employees?

The employees have the following benefits of VTO due to volunteer efforts they put on behalf of the employer:

Employees well-being improved

 Implementing a VTO:

For the implementation of VTO, below mentioned tasks should be taken care of:

Harvard Business Review (HBR) 2021 Research about VTO

Harvard Business Review (HBR) of this year uncovers the facts that Volunteerism across society is diminishing, but on the contrary, it is on rising in the Corporate World for the last five years! It is benefits of:

But, on the other hand, the Leaders’ pet programs purposefully making it for the employees forcibly and mandatory involvement causes an error on the organizational societal standing and that drawback harms individual employees as well as the organization itself.

Therefore, employers/organizations should rank-in priority-wise: purpose and value, a top-down balanced chain of command laterally bottom to boost up the urge to participatory approach; and find ways to include a number of patrons and supporters into such VTOs’ / organizational volunteering programs’, very ingenuity.