Making an Impact: Benefits of Philanthropy in the Workplace

 

In today's fast-paced business environment, many organizations focus primarily on productivity, profitability, and hitting goals. However, there is a growing recognition that incorporating service opportunities within the workplace can bring significant benefits to employees and overall company culture. In this blog, we’ll highlight the benefits of implementing philanthropy in the workplace and how it can transform the dynamics of any organization.

Strengthen Company Culture
Fostering a culture of service in the workplace helps create a sense of shared values ​​and goals among employees. When service becomes an integral part of a company's identity, a supportive and caring environment is created. Employees feel connected to a higher purpose and develop a stronger sense of belonging. This camaraderie promotes teamwork, collaboration and communication, leading to a more positive and inclusive work culture. 


Enhance Employee Engagement
Overall engagement increases when employees are given the opportunity to contribute something beyond their day-to-day duties. By engaging in service initiatives such as volunteer events and philanthropic partnerships, organizations give employees a platform to connect with their communities and make a positive difference. This sense of purpose and fulfillment leads to increased employee satisfaction, loyalty, and productivity. In addition, involved employees are more likely to exhibit higher levels of creativity, problem-solving skills, and collaboration, which ultimately leads to greater company success, as companies with engaged employees outperform those without by up to 202%.


Boost Company Reputation
Organizations that actively participate in service activities often see a boost in reputation and brand image. Customers, partners and stakeholders are more likely to support and trust organizations that are committed to social responsibility. By integrating service into the workplace, employees can become ambassadors of the company's values ​​and mission. Engaged employees who participate in service projects share their experiences with clients, customers and social networks, enhancing the organization's reputation and fostering meaningful connections. 


Now that you understand the importance of prioritizing giving back in the workplace, you may be wondering what the next steps are to make it happen. Start by forming a dedicated group of employees who are passionate about service and willing to drive the initiatives forward. This committee can be responsible for planning, organizing, and leading various service activities. From there, align the service initiatives with the company's values and mission to ensure a meaningful connection. Remember, incorporating service initiatives into the workplace is an ongoing process that requires commitment, leadership support, and employee engagement. 

Here at cred, our team is committed to Pledge 1%—giving our time and products to benefit non-profit organizations and underserved communities. Through programs like credVoices (our pro bono initiative) and credService (our internal philanthropy team), cred has continued to prioritize finding philanthropic opportunities and educational resources for employees to get involved in. We look forward to continuing building on our efforts to have a greater impact on the communities we operate in, while building a stronger company culture centered on service.  


Bringing kindness and service into the workplace has a transformative effect on employees, company culture and overall success. As the saying goes, “We make a living by what we get, but we make a life by what we give." Let us cultivate a culture of service in our workplaces and witness the remarkable impact it can have on everyone involved.