New Study Finds Employee-Directed Corporate Philanthropy Boosts Employee Happiness and Performance

Jan 28, 2015 10:00 AM ET
Philanthropy Boosts Workplace Productivity

New UK Study Finds Employee-Directed Corporate Philanthropy Boosts Employee Hap…

A study by two professors at the University of Southampton in the UK found a strong positive correlation between employee-directed corporate philanthropy and workplace productivity. While direct financial incentives certainly boost performance (such as bonuses tied to productivity), the study found a significant increase in productivity when corporations offered to make donations to charities and causes picked by employees. And where the dollar-amount of charitable contributions matched direct financial incentives, increases in worker productivity were almost indistinguishable… confirming, again, that corporate philanthropy results in a direct and significant boost to worker productivity. Click here to read more.