America Has New Type of Money, Making Some Rich...Should You Get It?

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

America Just Hit a Grim Milestone

How to design a volunteering program in your workplace

JAMES POLLARD
April 28, 2024

More workplaces are bolstering their volunteer programs, especially as employee demands grow for socially responsible employers and engagement. Nearly three in five companies surveyed by the Association of Corporate Citizenship Professionals reported increased opportunities for group volunteering last year.

With National Volunteer Week in the rearview mirror, coworkers buoyed by recent acts of kindness might be looking for ways to integrate service more regularly into their professional schedules. They stand to benefit themselves, too. Recent University of Oxford research suggests organized volunteering is one of the most effective workplace programs for improving workers' well-being.

But not all corporate volunteering is created equal. The following advice from experts and nonprofit leaders provides some best practices for anyone interested in building or strengthening an officewide culture of service.

EMPLOYEES IN CHARGE

Dr. Eddy Hogg, a University of Kent lecturer who studies volunteering, recommends giving agency to employees in the design of their workplace volunteer program. People who volunteer on their own time likely have a much more personal connection to the cause, he said, whereas an employee group will have varied levels of interest in any given act of service.

Allowing employees to select from a range of local community groups, and suggest their own, can help ensure everyone feels connected to their nonprofit partner's mission. Affinity groups can be a good place to start aligning employee interests with service work.

Still, buy-in from the entire corporate ladder is necessary.

"It's one thing for a guy in head office to think it's a good idea," Hogg said. "But if people's line managers think it's a load of rubbish, it's not going to happen. Even if the staff are actually really keen to do it."

MAKE IT MEANINGFUL

Hogg also recommends breaking away from the short-term, light-touch days of service frequently featured in company press releases. Otherwise, Hogg says, you're essentially just participating in a company retreat. Deep connections between employees and the community won't form if they only interact once or twice a year.

"You might as well just put everyone on a bus and take them up to the Catskills, right?" he said.

Bosses and nonprofit leaders to communicate how the chosen activity will benefit the community. That means fostering direct interactions with the people being served, said Jessica Rodell, which can help ensure employees return for future volunteering.

"The more meaningful the activity, the better," said Rodell, a University of Georgia management professor.

DON'T GO IT ALONE

Cold-calling charitable organizations can be daunting. Luckily, there are third-party organizations ready to partner companies looking for skills-based volunteering opportunities with nonprofits in need of extra help.

Common Impact leverages the increased power of corporations in society by connecting their employees with community groups. CEO Leila Saad describes it as the corporate version of legal pro bono work.

The nonprofit has partnered with dozens of Fortune 500 companies. Common Impact connected Allstate employees with a Wisconsin domestic violence prevention group to improve staff parental and bereavement leave polices, for example. It also brought Blue Cross Blue Shield employees together with a Worcester, Massachusetts gang rehabilitation program that needed help collecting data to measure its success in grant applications.

Employees working at smaller companies could consider partnering with their local Big Brothers Big Sisters of America club. Mentors help high school students plan for post-graduation life by helping fill out college aid forms or choose majors under its "Big Futures" program.

The necessary commitment levels come and go, according to Chief Development Officer Deborah Barge. Volunteers might only show up once to a career fair, for example. Others may work with mentees for about six or more hours across several days.

BE FLEXIBLE

Lower the barrier to entry by creating a variety of programs where newcomers can wet their feet and seasoned volunteers can go all-in. In a corporate world where employees are increasingly working hybrid schedules and spread out geographically, that means providing some remote service opportunities.

The beauty brand Shiseido Americas ships volunteer kits out to its employees scattered across its New York headquarters, New Jersey manufacturing facilities, Ohio warehouse and regional offices around the country. Keep America Beautiful, an environmental nonprofit that works to end littering and expand recycling, has cleanup kits used by Shiseido employees to beautify local parks. The company also sends kits with materials so employees can make blankets or decorate bags for foster children.

A robust employee engagement program should celebrate the "wholeness" of who they are," said Melissa MacDonnell, head of the Liberty Mutual Foundation.

The insurance company often starts by inviting organizations that have already been the recipient of donations through its employee match program, MacDonnell said, and also solicits suggestions from employees.

In addition to monthslong, skills-based opportunities, MacDonnell said Liberty Mutual also offers curated service projects that employees can sign up to join during the first three weeks in May.

"If you're forcing it, it doesn't feel authentic," said Julia Haase, the chief operating officer for Liberty Mutual Investments. "If you give people the platform and the choice -- the where and when and how they want to engage -- I think they will feel empowered to pursue those areas that are really meaningful to them."

___

Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit https://apnews.com/hub/philanthropy.

Continue Reading...

Popular

AbbVie Is 'Successfully Positioned To Absorb Humira Biosimilar Erosion': Analyst

Cantor Fitzgerald initiates coverage on AbbVie with an Overweight rating and a $200 price target. AbbVie is set to manage Humira biosimilar erosion, drive growth with Skyrizi, Rinvoq, and emraclidine, and achieve a high single-digit CAGR from 2024 to 2029.

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

United Airlines says it has regained some privileges that were suspended after problem flights

CHICAGO (AP) — United Airlines says federal regulators are letting it resume adding new routes and planes after a series of incidents, including an engine fire and a tire falling off a plane after takeoff, led them to to make those moves.

Central Banks Buying Gold in Record Numbers - Ad

Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Top 4 Health Care Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Stock market today: Asian shares advance after another round of Wall St records

Asian shares were mostly higher on Thursday after U.S. stocks rallied to records on hopes that back in the right direction.

Mystery of the Rich and Connected Revealed - Ad

Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.

Instacart partners with Uber Eats to offer restaurant deliveries

Grocery delivery company is partnering with Uber Eats to offer a new perk to its customers: .

Earn Instant Cash Flow (using THIS tactic) - Ad

Can you imagine earning $1,118,721/hr? That's what greedy Wall Street elites have been pocketing for 22 straight years. And now it's available to you.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends

RIO DE JANEIRO (AP) — The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said in a prepared statement Wednesday, following months of tensions with the federal government.

Gold Is SOARING -- Here's What You Need to Do - Ad

Everything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for less than $5.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

Breakthrough For Tesla In China? Shanghai Reportedly Greenlights 'Ordinary' Data Flow Overseas For Intelligent Vehicles

Tesla is also making plans for a data center in China to train its full self-driving (FSD) driver assistance software on fleet data from the country, Reuters reported.

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of to revive the ailing property market.

Billionaires Are Now FLOODING Into Gold - Ad

Ray Dalio, John Paulson, and many others all recommend you own gold right now. But did you know there's another huge investor (worth more than all the world's billionaires COMBINED) buying gold by the ton? That's why the best move to make right now could be this little-known gold investment (which you can get started with for just $5).

Despite Bitcoin Hitting $64K, Analyst Says King Crypto Remains In 'Prime Buy Zone'

Bitcoin (CRYPTO: BTC) has surged to $64,000, but a key metric indicates that it’s still in a “prime buy zone,” according to a prominent crypto analyst.

Stock Market Rally For 2024 Has Peaked, Goldman Sachs Forecasts 'Flat Return From Now Till The End Of The Year'

The stock market rally for 2024 has reached its peak, according to Goldman Sachs. The firm's chief U.S. equity strategist, David Kostin, has predicted a flat return for the S&P 500 for the remainder of the year.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Shell Exits Chinese Power Market, Eyes Gas Growth: Report

Shell reportedly exits China's power markets, focusing on bolstering profitability in natural gas and oil sectors. The move reflects a commitment to invest selectively in profitable ventures within the power sector, aligning with CEO Wael Sawan's vision.

Crypto Millionaires Names His Favorite AI Coin - Ad

According to Bitcoin pioneer and crypto millionaire Charlie Shrem, a tiny $11 project could be the biggest winner of not just the next year, but the next decade. It combines AI and crypto, in one investment.

Hope Hicks Testifies On Trump's Ex-Lawyer Michael Cohen's 'Mr. Fix It' Moniker: 'Only Because He Broke It First'

The criminal trial against Donald Trump saw former Trump aide Hope Hicks take the stand Friday and discuss Michael Cohen and the "Access Hollywood" tape.

Nvidia, MicroStrategy, Cisco, Chubb, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices surged on Wednesday, with the Dow Jones Industrial Average climbing 0.9% to 39,908, the S&P 500 increasing almost 1.2% to 5,308.15, and the Nasdaq rising 1.4% to 16,742.39. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

'Shark Tank' Host Kevin O'Leary Says Hims & Hers CEO Should Have Been Fired For Backing Pro-Palestinian Protests

Kevin O'Leary, the host of "Shark Tank," criticized Andrew Dudum, the CEO of Hims & Hers, for his support of pro-Palestinian student protests. O'Leary suggested that Dudum should have been fired immediately for his stance.

Embed-Map-Marijuana-State Laws, ADVISORY

MARIJUANA-STATE LAWS — Map. This AP digital embed map shows the status of state marijuana laws for recreational and medical use. The Biden administration is considering reclassifying marijuana, which remains illegal at the federal level, as a less dangerous drug. This map is current as of May 3, 2024, and will not update. Source: Marijuana Policy Project.

READ THIS If You Missed Out on the AI Boom - Ad

Radical new biotechnology predicted to grow 320,000% in 3 years. Nvidia's CEO calls it "the next amazing revolution." And one small company poised to dominate this revolution trades for just $10.

Rio de Janeiro set for Madonna’s massive Copacabana beach concert that will be her biggest ever

RIO DE JANEIRO (AP) — Madonna will give a free concrete on Copacabana beach Saturday night, turning its vast stretch of sand into an enormous dance floor. It comes after Rio de Janeiro spent the last few days readying itself for the historic performance by the “Queen of Pop.”

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service