What is Corporate Volunteering

Corporate volunteering is the donation of time, knowledge and/or skills by employees to support an organization or community in need. Employers usually set aside a certain number of hours for volunteering or use other incentives to motivate employees to engage in meaningful activity – in teams or on their own.

Corporate volunteering is an essential part of corporate responsibility. A number of terms are used in this context, most commonly CSR (Corporate Social Responsibility) or, more recently, the acronym ESG, which originated in the field of finance and refers to the three basic pillars of corporate responsibility: environmental, social and governance.

It is also a response to the public’s demand that companies should carry out a variety of responsible activities beyond the law, in addition to generating profit. This is what 89% of people in Slovakia expect from companies.

Lower Turnover

57 %

The turnover rate for employees who participate in volunteering activities is 57% lower.

Better Working Environment

89 %

Around 9 out of 10 employees believe that companies that support volunteering offer a better working environment.

Stronger Wellbeing

77 %

More than ¾ of employees say that corporate volunteering is essential to their wellbeing.