General Article Productivity boost from volunteering ‘adds £4.6 billion to UK economy each year’

Topic Selected: Money and Finance Book Volume: 453

Volunteering could also support job seekers back into work, says new report.

By Pro Bono Economics

  • 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.

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 volunteer1, arising from volunteering by those in professional and managerial occupations.

The PBE report, tit...

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