|Calculating the REturn on Investment if Volunteer Engagement for internal performance monitoring |
Volunteer Squared is happy to be announce the launch of another free online resource for the volunteer sector: the Mission Points ROI calculator, designed to help you measure the Return On Investment associated with engaging volunteers at your organization.
The Mission Points ROI model treats the number of volunteer hours consumed by an organization, as an expense. Viewed as expenditure, we would value volunteer time in the same way that we value money: we would spend only to the degree necessary, to best reach the mission of our organization. Consuming more volunteer hours might mean more gets accomplished – or it may mean volunteer time is being wasted.
The Mission Points ROI model allows us to see volunteer contributions as an expense, and in turn encourages us to manage our incredibly valuable volunteer resources more effectively.
I invite you to explore further, by downloading the Mission Points ROI manual, and giving the concept a try at www.Volunteer2.com/ROI. If this sounds interesting to you, please feel free to share this information with your peers. As we develop the Mission Points ROI model further, we welcome as many suggestions as possible in order to improve and refine it as a vital Volunteer Management resource.