Part of the Alliance Data (NYSE: ADS) family of businesses

Purpose beyond a paycheck: Employees want to work for companies that give back

At Alliance Data, we believe it’s our responsibility to give back to the communities where we live and work. In fact, giving back is one of our core values.

According to the results of our latest Associate Engagement survey, 94% of our associates say they think Alliance Data actively helps to make our communities better places to live and work. 

So, to celebrate National Volunteer Week, we’ve organized some special opportunities for our associates to volunteer for the causes that matter most to them. Over the next week, we estimate Alliance Data associates will volunteer almost 500 hours in their communities.

It feels great to partner with local and national organizations to volunteer our time, talents, and resources — especially within our three philanthropic focus areas: children, education, and hunger. But it’s more than that. Our volunteer programs also help us retain a loyal and engaged team of associates.

Employees want to work for companies that do good in the world.

Competitive salaries and benefits are great, but they’re not the only variables that interest employees. They need to know how their company’s values align with their own in a real way.

A recent PwC survey found that 65% of people across various countries want to work for an organization with a strong social conscience. Companies that promote active corporate volunteer programs see higher employee morale and a healthier, more energetic culture. And that translates to a more profitable bottom line.

When employees feel invested in meaningful causes, they work harder and stick around longer.

Employees choose to stay or leave companies for a lot of reasons, but overall company culture can make the difference. The key is to build a culture of committed employees — and company-wide volunteer programs are a great foundation.

Another PwC study revealed that employees who are the most committed to their organizations put in 57% more effort on the job — and are 87% less likely to resign — than employees who consider themselves disengaged. 

Volunteering also fosters team camaraderie — and that leads to better collaboration.

The more you know your coworkers on a personal level, the better you work together. Great teamwork starts with strong relationships. And when coworkers get the chance to engage in meaningful work outside the office, performance improves inside the office.      

UnitedHealth Group conducted a health and volunteering study that found that 64% of employees who currently volunteer said that volunteering with colleagues strengthened their relationships.

National Volunteer Week is a great time to get involved in the community, but at Alliance Data, we give back all year. Learn more about how you can volunteer and about our philanthropic goals for 2017.

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