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Corporate social responsibility and employee volunteerism: What do the best companies do?

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  • Cycyota, Cynthia S.
  • Ferrante, Claudia J.
  • Schroeder, Jessica M.

Abstract

Employee volunteerism as a practice of corporate social responsibility aids corporations by strengthening employee satisfaction and retention internally and by strengthening corporate reputations and connections with stakeholders externally. Of particular interest are the specific practices and procedures used by companies to encourage and support volunteer activities of their employees. We reviewed publicly available documents of Fortune's 100 Best Companies to Work For ranking to gain insight into how these best companies practice employee volunteerism and whether they link employee volunteerism to their corporate social responsibility strategy. We propose a connection of the position and importance of employee volunteerism in the corporate practices of social responsibility. Our findings suggest that many highly regarded companies specifically link employee volunteerism to their corporate social responsibility strategy. These companies also utilize similar practices to encourage and support employee volunteerism. We highlight the practices that managers could consider to support their corporate social responsibility efforts and offer several suggestions for future consideration.

Suggested Citation

  • Cycyota, Cynthia S. & Ferrante, Claudia J. & Schroeder, Jessica M., 2016. "Corporate social responsibility and employee volunteerism: What do the best companies do?," Business Horizons, Elsevier, vol. 59(3), pages 321-329.
  • Handle: RePEc:eee:bushor:v:59:y:2016:i:3:p:321-329
    DOI: 10.1016/j.bushor.2016.01.004
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    References listed on IDEAS

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    20. Miguel Ángel Jaimes Valdez & Carlos Armando Jacobo Hernández & Sergio Ochoa Jiménez, 2021. "Los beneficios de la responsabilidad social empresarial: una revisión literaria," Tiempo y Economía, Universidad de Bogotá Jorge Tadeo Lozano, vol. 8(2), pages 201-217, July.
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    22. Dmitry A. Ruban & Vladimir A. Ermolaev & Antonius J. (Tom) van Loon, 2021. "Exploitation of Mineral Resources Requires Proper People: Expectations of the World’s Top Mining Companies," Resources, MDPI, vol. 10(10), pages 1-19, September.

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