The professionals at Global Resources utilize expertise and knowledge to access the information necessary for small business growth. We can help the owners of small and medium – size businesses incorporate charitable giving into their corporate practices. In our modern society, more and more small businesses are supporting causes they care about by establishing their own charitable funds. As we enter the New Year, we expect to see many new businesses, small and large, incorporate charitable practices into their plan.
A corporate community charitable fund provides a variety of benefits including adding value to your corporate social responsibility program and increasing employee engagement, by giving your people the chance to feel good by doing good.
There are several benefits of establishing a corporate fund or workplace giving arrangement:
- acknowledgement as an employer of choice
- improved workplace culture
- enhanced ability to attract and retain quality staff
- increased workplace morale and engagement
- build support from your local community and customer base
- add value to your company’s reputation and brand.
If you’re interested in workplace giving, here are some additional details:
- Workplace giving is a simple and effective way for staff to regularly donate to charitable organizations.
- It operates under a pre-tax system, which results in an automatic tax deduction for employees, without the need for staff to keep and claim receipts. There is no tax payable on the amount employees forego, and no liability for fringe benefits tax.
- Employees pledge a nominated amount to the company’s sub-fund and the donation is automatically deducted from their pay and sent to the sub-fund.
If you do not have a corporate community program, now is the time to start! To learn more about us and / or to schedule your complimentary appointment with the business consultants at Global Resources LLC, call us at 855-338-0266.
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