Only 14% of companies engage in volunteerism in Singapore, 26% donate: NVPC study
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A study by the National Volunteer and Philanthropy Centre (NVPC) reveals that only 14% of 1,100 surveyed companies in Singapore engage in corporate volunteering, while 26% make donations. Despite this, the median employee participation rate for volunteering is 70%, with a median donation value of S$10,000. The study highlights barriers such as lack of leadership interest and financial constraints. It suggests that aligning corporate giving with core business values could enhance participation in volunteerism and donations.
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