Workplace Giving (also known as payroll donations) allow staff to work together towards an important common goal that is completely outside of the organisation, yet significant to each and every Australian.
With June being Workplace Giving Month, it’s a great time for organisations to get their employees involved in giving regular, pre-tax donations from their salary. Implementing such an important community-focused giving system will work wonders for your company reputation, and staff retention.
Charities Aid Foundation research indicates that companies who offer these engagement opportunities experience higher staff retention, with “only 18% of highly engaged employees likely to leave their employer in the next two years compared to 40% of employees with lower levels of engagement.”
Most importantly, workplace giving is a very effective giving option for time-poor employees as donations are made automatically through each pay cycle.
Because donations are made before tax is taken out of the employee’s salary, staff can enjoy an immediate tax benefit while making a difference to our ability to fund breakthrough cancer research in Australia.
One in two men and one in three women in Australia will be diagnosed with cancer by the age of 85. Workplace Giving is therefore a simple way for working Australians to make a big difference to the search for the cancer cures.
If you would like to find out more about workplace giving and how you can get involved please click here.