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WHY MORE BUSINESSES NEEED TO EMBRACE SKILLS-BASED VOLUNTEERING SCHEMES | Kevin Barker-Lee
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Kevin Lee-Barker, Senior Finance Strategy & Community Team at Lloyds Banking Group speaks to Clayton M. Coke of Podcast Radio Business to discuss WHY MORE BUSINESSES NEEED TO EMBRACE SKILLS-BASED VOLUNTEERING SCHEMES.
Businesses adopting volunteering schemes and programmes for their employees stand to benefit from fostering an engaged and purpose-driven workforce, as well as improving their corporate social responsibility creds.
That is according to the Skills Based Volunteering: A Win, Win, Win report from Lloyds Bank Foundation which analyses the mutually beneficial rewards for businesses, workforces, and charities through skilled based volunteering.
It found that charities across the UK are calling out for skilled volunteers in finance, strategy and governance to assist them in navigating strategic challenges, access in-demand knowledge and insight, and unlock new connections and networks.
Meanwhile, skilled employees that take part can gain invaluable professional development, build confidence and connections, as well as develop transferable skills and provide them the opportunity to gain a better understanding of social issues.
To mark National Volunteers Week (3 – 9 June 2024), the report aims to encourage businesses and charities to embrace schemes and initiatives as a conduit for mutual growth that has a huge potential for surrounding communities. Its recommendations include:
- Offer a variety of skilled volunteering programmes, from one-off virtual opportunities to longer-term ongoing support, as well
- as one-to-one and group based opportunities.
- Support corporate employees in translating their skills to a different sector by sharing volunteer experiences and having an
- onboarding process.
- Embed support for volunteering into leadership and your organisation’s culture.
- Maintain an ongoing relationship, as in many cases skilled volunteers support charities beyond the length of a programme.
- Identify the needs of charities and where volunteers can have the biggest impact.
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