According to recent data, on average, UK SME’s give 1.8% of their turnover (equivalent to £32,000) to charity each year.
Latest research shows that businesses that give more than 0.5% of their turnover are 20% more likely to see an increase in profits, twice as likely to report benefits to company reputation, and almost half more likely to improve recruitment and staff retention.
However, despite this, as many as 1 in 3 SMEs avoid giving to charity because they don’t see any benefit in doing so – the new giving platform ‘Work For Good’ enables businesses to give to good causes in a way that will also benefit them.
Danny Witter, CEO and Co-Founder, Work for Good, commented, “Our platform is a catalyst for more businesses to make a real and tangible change in the world. Today clients, suppliers, customers and employees now expect the brands and businesses they engage with to do more. Those that do will prosper. The Work for Good platform helps businesses of all shapes and sizes to give whilst growing their business.”