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Employers are going all-in on social impact

(BPT) - In today's workforce, more workers are reconsidering the role of work in their lives. Employees are increasingly looking for more than just a paycheck - they want their work to be meaningful, with 86% saying it's important for their employers' values to align with their own.

This ongoing shift demonstrates a desire for more purpose-driven work and with giving season right around the corner, employers are responding by rethinking the role of giving in workplace culture.

According to Fidelity Investments, employees of companies with a strong giving culture are 5 times more likely to say their company shares their values. They are also twice as likely to say they feel a sense of belonging and are satisfied with their jobs.

One way companies are creating a culture of giving is through workplace giving programs that involve employees giving back to their communities through activities like payroll deductions for charity, donation matching, or organized volunteer opportunities.

As part of an effort to strengthen community ties and enhance worker satisfaction, many employers have already stepped up and are giving their workers the unique opportunity to maximize their community impact through donation matches, community grants, local giving initiatives and coordinated volunteer efforts. Some even offer paid time off for volunteering.

These programs not only boost engagement at work, but they also help employees find a deeper sense of connection to their communities, their company, their jobs, and their colleagues, many of whom are returning to in-office work for the first time in years.

'When employers and employees work together, they make a bigger impact in their communities and that's good for everyone,' says Angela Walker, Vice President, Workplace Giving at Fidelity Investments. 'These programs not only support important causes, but they also help companies attract top talent and boost employee morale.'

For more information on workplace giving opportunities, visit Fidelity.com/Giving.

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