z-logo
Premium
Value of volunteer service estimated at $28.54/hour
Publication year - 2021
Publication title -
nonprofit business advisor
Language(s) - English
Resource type - Journals
eISSN - 1949-3193
pISSN - 1531-5428
DOI - 10.1002/nba.31003
Subject(s) - volunteer , value (mathematics) , service (business) , demographic economics , statistics , business , operations management , mathematics , economics , marketing , biology , agronomy
The latest analysis of U.S. economic data conducted by the Independent Sector puts the average value of volunteer service in 2020 at $28.54 per hour, an increase of 4.9% from the $27.20 per hour estimate calculated for 2019. This marks the third straight year of sizeable jumps: 2019 saw an increase of $1.77 from the year before, and 2018 saw a 74‐cent increase over 2017, the IS said. Since the organization began tracking this data in 2001, the value of volunteer service has risen $12.27 per hour.

This content is not available in your region!

Continue researching here.

Having issues? You can contact us here
Accelerating Research

Address

John Eccles House
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom