Giving Compass' Take:

•  Erich Sollman, writing for Medium, describes three ways that individuals can foster workplace philanthropy to engage employees. 

• What are successful examples of workplace philanthropy? 

• Read about how to build philanthropy into your business budget. 

How much do you think about bettering your community when you wake up in the morning? Most people would admit to a few minutes — or not at all.

When well thought-out and executed, corporate social responsibility programs provide benefit both to philanthropic organizations and the company itself. According to statistics provided by Project ROI, CSR programs have been found to reduce employee turnover by 50%, improve employee engagement by 7.5%, and boost revenue by as much as 20%.

These message these findings send is clear: Philanthropy-based programs help companies boost performance and engage employees.

Here, I outline a few suggestions to jumpstart a charitable culture in the workplace:

  • Pick a Cause
  • Think Local
  • Be Social

Read the full article about fostering workplace philanthropy by Erich Sollman at Medium.