Volunteer Value Hits $23.07 An Hour
The value of a volunteer hour was up 52 cents to $23.07 in 2014, according to the latest estimate released by Independent Sector (IS). In a recent article by Mark Hrywna in The Nonprofit Times (NPT), the values were reported to range from a low of $19.31 in Arkansas to a high of $39.86 per hour in the District of Columbia. The "average" figure is indexed by IS to determine state values and then increased by 12% to estimate for fringe benefits. The estimated value in your state can be used to value the contributions of volunteers to your organization.
According to NPT's article, the value of a volunteer hour crossed the $20 mark in 2008 and was only estimated at $16.27 in 2001. About 62.6 million Americans gave 7.7 billion hours of volunteer service worth $173 billion in 2013, according to the Corporation for National and Community Service. You can review IS's information here.
New VolunteerMatch Book Is Al About Ideas
VolunteerMatch’s new book on volunteer engagement for nonprofits, Volunteer Engagement 2.0: Ideas and Insights Changing the World, is now available for purchase. Author Robert Rosenthal asked 35 of the smartest volunteer engagement consultants, trainers, and practitioners to share their thoughts on what’s truly important for transforming volunteerism into lasting impact. The result? An awesome collection of “ideas”.
Rosenthal (in a recent VolunteerMatch blog post) explains that the publication strikes a balance between actionable strategy and broad discussion of the issues surrounding volunteerism. “Volunteer Engagement 2.0 helps readers craft a strategy that reflects their organization’s mission,” said Rosenthal, and lists some of the ways you’ll be able to get immediate benefit from Volunteer Engagement 2.0:
- Track the history of volunteerism, as well as the social, cultural, and technological shifts that will shape its future.
- Keep current volunteers on board, and engage additional volunteers, donors, and board members.
- Use new tools and trends such as social media, microvolunteering, virtual volunteering, and hackathons.
- Recruit corporate partners, adopt skilled volunteers, and identify pro bono resources.
- Quantify and evaluate your volunteer program’s effectiveness, and adjust your strategies.
You can purchase the book here.
Do you have volunteer materials to share with other DSAIA members? Learn how to submit your items to the DSAIA Resource Library by emailing us today at firstname.lastname@example.org.