Workplace perks used to be things like free food or theme parties or an event on company grounds. But employers with an eye on keeping millennials engaged and satisfied are increasingly offering a more meaningful benefit -- paid time away from work to help nonprofit organizations.
Daniel Borochoff of Charity Watch says it's a great outlet for millennials.
Millennials “want to participate, get involved,” he tells NewsRadio 740 KTRH.
Experts call it a win-win. Companies generate public goodwill while they engage and retain their younger talent.
That helps local charities like the Houston Food Bank.
Amy Ragan, chief development officer at the Food Bank, says food bank volunteers are like having 125 extra employees.
That makes the value of such loaned talent “almost priceless,” she says.
Experts say a low sense of personal accomplishment at work -- or little or no employee engagement -- leads to turnover.
Borochoff says employers who want to explore such a paid perk should look for reputable and non-political charities.