According to research done by the Independent Sector, the value of volunteer time increased in 2007. The estimated dollar value is now $19.51 per hour. Your company and the nonprofit organizations where your employees volunteer can use this estimate to quantify the enormous value your volunteers provide. This dollar figure is appropriately used for service projects and other general volunteer assignments – not for calculating the value of specialized services offered pro bono.
Learn more about these figures, including how they are calculated and how to use them, go to the Independent Sector website.