People volunteer their time and effort to a number of causes. Not only does volunteering help those from a personal standpoint, but philanthropists along the lines of Stephen Dowicz can tell you how it benefits small & large businesses as well. Are you part of a company that wants to get involved in the community, or wishes to make a difference? This is where volunteering comes into play, and here are a few of the benefits that this endeavor will be able to offer.
One of the ways that volunteering helps, according to Stephen M. Dowicz, is that it can instill company values. There are many businesses that are focused on philanthropy, as they wish to devote their time to help those that are in need. Values like these are associated with many small & large businesses, so it makes sense for them to get involved in different functions. These values go a long way and they resonate with everyone involved.
Next, volunteer work has a greater chance of retaining employees in the long term. Did you know that many employees, millennials being the most prominent in this sense, tend to be more attracted to companies that give back to their communities? This invigorates the employees in question, meaning that they will look at their workplaces with greater reverence. Ergo, they will be more likely to stick around, enjoying their work in the process.
What about team building, which is another reason why volunteering one's time matters? There are many reasons why this stands out, chief among them the fact that employees can build stronger relationships with one another. What this does, among other things, is help people come up with creative ideas. Seeing as how different departments usually have unique mindsets compared to one another, this should come as no surprise.
Finally, by getting involved in volunteer work, a company stands the chance of enhancing their corporate brand image. A company is identified by various factors, including those that extend past the products and services that are being offered. The outside work that such a company is involved in should be noted, too. When someone looks at a brand and sees that they have gotten involved in charitable projects, donated money, or what have you, it does wonders from a branding standpoint.
One of the ways that volunteering helps, according to Stephen M. Dowicz, is that it can instill company values. There are many businesses that are focused on philanthropy, as they wish to devote their time to help those that are in need. Values like these are associated with many small & large businesses, so it makes sense for them to get involved in different functions. These values go a long way and they resonate with everyone involved.
Next, volunteer work has a greater chance of retaining employees in the long term. Did you know that many employees, millennials being the most prominent in this sense, tend to be more attracted to companies that give back to their communities? This invigorates the employees in question, meaning that they will look at their workplaces with greater reverence. Ergo, they will be more likely to stick around, enjoying their work in the process.
What about team building, which is another reason why volunteering one's time matters? There are many reasons why this stands out, chief among them the fact that employees can build stronger relationships with one another. What this does, among other things, is help people come up with creative ideas. Seeing as how different departments usually have unique mindsets compared to one another, this should come as no surprise.
Finally, by getting involved in volunteer work, a company stands the chance of enhancing their corporate brand image. A company is identified by various factors, including those that extend past the products and services that are being offered. The outside work that such a company is involved in should be noted, too. When someone looks at a brand and sees that they have gotten involved in charitable projects, donated money, or what have you, it does wonders from a branding standpoint.
About the Author:
Real Estate Investor Stephen Dowicz is a philanthropist and thriving professional in the spa industry. He has made numerous charitable contributions over the course of his career and is an expert in private equity matters.
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