- 1 minute read
Volunteer Value and Cost Calculators
Introduction
Many organisations rely heavily on volunteers, but quantifying their impact can be challenging. These free online calculators, help bridge that gap.
Summary
The Volunteer Value and Cost Calculators estimate the financial cost of hiring paid staff to replace volunteer work. Simply enter the number of volunteer hours by age group, and the calculator provides a dollar value based on average local wages and employer costs.
Benefits for Volunteer Organisations
Calculators provide concrete evidence of the financial and societal impact of volunteers, strengthening funding applications and grant proposals.
Understanding the value of volunteers helps organisations make strategic decisions about volunteer recruitment, engagement, and resource allocation.
Quantifying volunteer contributions allows organisations to effectively show volunteers the true extent of their impact.
Applications
Volunteer management practitioners can promote these resources to volunteer involving organisations and integrate calculator results into reports to highlight the importance of volunteer contributions.
Calculators are available from State and Territory Volunteering Peak Bodies.
Please note: Different valuations and methodologies may be used in different States and Territories.
Downloads and sources
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