Corporate social responsibility (CSR) is more than just taking comfort in the knowledge that a company is a good community steward; employees want to work for businesses that have an impact — and they want to be active participants in those efforts.
Research indicates that 81% of millennials want to work for a company that is a good corporate citizen with another study showing that more than 70% of all employees want their company to make a positive impact socially and environmentally.
Working together for change
Many firms who have introduced CSR Programs have reported that by empowering employees to promote positive social and environmental change has not only helped them feel fulfilled at work, but also has allowed them to experience values in action and develop a deeper passion for the work they do together.
Benefits extend beyond tax time
Workplace Indexes have shown that purpose-oriented employees stay with their companies 20% longer, and are 50% more likely to advance to leadership positions. Also shown that 83% of employees who participated in volunteer programming said the experience had a positive effect on their job satisfaction; 60% reported significant gains in job-relevant skills.
CSR boosts sales, attracts investors, improves a company’s image and garners media attention. And of specific importance to HR, employees who feel they make positive social or environmental impact while on the job are more satisfied by a factor of 2-to-1.
Research indicates that CSR being the third most important driver of employee engagement. Employees who volunteer report feeling better physically, mentally, and emotionally.
For more employer advice see: https://eapassist.com.au/