Volunteers are indispensable. They help certain organizations function on a day-to-day basis, do the work that may otherwise go undone, and in some cases, they ARE the organization. Our time is invaluable…. or is it?
A recent study done by the Independent Sector estimates the monetary worth of the average volunteer hour. In 2008, this dollar value was $20.25 per hour! And that’s the national average; New York volunteer hours are estimated to be $28.04 (this is 2007, as the state-by-state breakdown is a bit more involved).
So next time you head out to volunteer, think about the difference you’re making and how valuable your time really is..