WeHero Corporate Giving Programs
Let’s start with the data. What if we told you that having a corporate giving program could potentially save your company money – $1,000 to $6,000 per employee?
Would you start one? If you already have one in place, would you take it more seriously?
The average employee turnover rate of all U.S. industries is 15.1%. In some cases, these employees are top performers. Replacing top performers can cause service disruptions for your customers and requires a substantial amount of financing, extensive training, employee workload balancing, and handling cultural shifts.
WeHero looks at how this turnover impacts your company’s bottom line. For jobs paying $75,000 a year or less (which is about 9 in 10 U.S. workers), the typical cost of turnover is 20% of the employees’ salary. For top-level employees, it can cost closer to 150% of the employees’ salary. Talent experts estimate that the cost to replace an employee ranges from six to nine months’ salary to twice the person’s annual salary. What does this mean for your company? For just the employees that are making $75,000 or less in your organization, it’s costing you on average $15,000.
At WeHero we’re a data first company. We don’t just look at the data around the actual impact your donations and philanthropic efforts are making. We look at the data and metrics for your company around employee retention, brand sentiment, and company culture. In the past we have positively influenced these metrics with our corporate volunteer programs and now we’re working to make the giving experience even more immersive for your company and your employees with our WeHero Corporate Giving Programs.
WeHero’s high impact corporate giving programs increase employee retention and culture, influence positive brand perception, and drive company profit. People want to work for, buy from, and invest in businesses that give. The WeHero giving program is one of the most effective ways to donate towards causes your employees and your company care about.
By giving through WeHero, you are increasing the positive impact your donations make, the experience your employees receive, and the data that really shows where the money is going. Our team is committed to supporting companies to build better businesses through corporate giving programs by:
- Providing visibility and transparency through reliable data on the positive impact of Corporations donations.
- Delivering programs that inspire and engage employees with causes that increase employee morale and retention.
- Favorable public opinion with stakeholders, improved brand perception and audience sentiment.
- Increased profitability to the bottom line as a result.
Setting up a giving program with WeHero is easy:
Step 1: Based on the industry, mission, employee interest, and values of your company, WeHero will make suggestions of top performing non-profits to donate to. A key criterion for WeHero’s selection is the due diligence analysis around the non-profit data and the impact the organization is making. WeHero also supports a select cause every quarter that companies can directly give to.
Step 2: WeHero delivers the funds, collects the data and stories from the donations, and then measures the impact the non-profits make.
Step 3: We share the impact your company is making through its giving efforts. This is a story from your company, delivered with images and data to your audience and employees. We even mail quarterly updates with photos to your staff so they can see the good they and their company are doing.
Step 4: WeHero works as the philanthropic arm of your company, measuring impact, gauging employee and audience sentiment, and finetuning the program to ensure a happy team, a healthy brand, and a better business.
So why set up a corporate giving program with WeHero?
- “For the immersive experience your employees receive.”
- “To see the impact your donations are actually making.”
- “To have a story your brand can share internally and externally to inspire minds and hearts.”
- “To know your money and company are contributing to a valid cause and making a positive difference in the world.”
We have a giving package that works for every company. We’re here to make your giving more effective, improve your team morale, increase your brand sentiment, and do good.
To learn more about WeHero Corporate Giving Programs, visit our page here.
The WeHero Team
A special thanks to America’s Charities for providing the supporting data in this article.