Corporate Social Responsibility is a huge buzzword these days. The idea that companies should do their part to be good, responsible, sustainable citizens is no longer a bizzare or hippie-like idea. More and more companies are embracing corporate social responsibility and aligning with causes to help use their resources to make the world a better place.
Many employees now expect their companies to be responsible and an organization’s commitment to social responsibility can be a huge draw for candidates looking to work somewhere that aligns with their values. Firms can communicate their values through their benefits packages. Empowering and supporting employees to pursue and support causes they believe through benefits can be a great way to attract passionate, talented people and make room for social consciousness in the workplace.
Here are 5 companies with employee benefits that demonstrate social responsibility:
Grants For Your Favorite Charitable Organizations
Denim icon Levi Strauss & Co encourages employees to volunteer and serve on the boards of nonprofits. These passionate employees engaged in the nonprofit sector can apply for a yearly Community Service Grant for their organization. The grants can be up to $1,200 per year.
Substantial Paid Time Off to Volunteer
Danish pharmaceutical company Novo Nordisk gives employees 80 hours (a record 10 days per year) of paid time off to volunteer. The company is incredibly dedicated to community service, with the value engrained in every part of it’s operations. Company meetings offsite generally involve a community service component. The company even has a social awareness team that’s responsible for organizing meaningful community service opportunities. Additionally, the company has an internal portal to help it’s staff find volunteering opportunities. Talk about being intentional! Giving employees 10 days to volunteer gives them the freedom to truly make an impact in the community!
3:1 Gift Matching for Donations to Higher Education
Oil and gas giant ExxonMobil supports employees, retirees and surviving spouses in giving to their favorite higher education institutions by matching contributions 3:1. The company will match up to $7,500 of donations to U.S. colleges and universities, including some minority colleges and universities.
Incentive to Buy a Hybrid, Natural Gas or Electric Vehicle
Bank of America is committed to sustainable energy sources. and supporting energy alternatives to gas and coal. The company offers it’s employees $3,000 to buy a hybrid, natural gas or electric vehicle. Eligible employees can also receive a $500 discount for employees investing in getting a solar rooftop installed by SolarCity.
Bonus For Moving Closer to Work
Facebook encourages employees to be environmentally-conscious by offering $10,000 bonuses to those who move closer to it’s corporate campus in Silicon Valley. This perk helps reduce the number of employees stuck in the Bay Area’s notoriously bad traffic. It also recognizes the environmental impact of long commutes and encourages employees to better their lives (and the environment) by moving closer to work.
Each of these companies started with a value and created incentives for employees to embrace those values. From environmental consciousness to support for higher education to renewable energy sources, your company can create a culture of action, service and responsibility through values-inspired benefits.
Benefits go beyond health insurance and retirement plans. At Beni.fit, we believe benefits are an incredible way to share your company’s values with employees and with the community. You don’t have to have endless resources to be able to create benefits and perks your employees will love. We can help. Contact us today to learn more about creating the perfect comprehensive benefits package for your company culture.