Volunteering is delivering productivity gains worth billions to the UK economy each year, a new study finds.
The report by Pro Bono Economics (PBE), commissioned by national volunteering charity Royal Voluntary Service, estimates productivity gains worth at least £4.6 billion each year, or £4,551 per volunteer(1), arising from volunteering by those in professional and managerial occupations.
The report also highlights how volunteering could also support jobseekers back into work
- PBE study estimates annual productivity gains of at least £4,551 per volunteer working in professional and managerial occupations.
- Volunteering recognised as important gateway for unemployed people to get back into paid work – boosting skills and confidence.
- Over two-thirds (68%) of unemployed people would be interested in supported volunteering opportunities to prepare them for finding work.
- Report calls for improved access to volunteering opportunities to support job-seekers.
Volunteering is delivering productivity gains worth billions to the UK economy each year, a new study finds.